Updated Dec 19, 2023
Alan Braverman, Eric Endahl & Jose Leon Acquire Industrial Property In Miami For $4M
14080 SW 143rd Ct, Miami, FL, USA
$4,000,000
$156/SF
Building Size
25,610 SF
Asset Type
Industrial
Closing
Oct 3, 2021
About this deal
AI
The industrial property located at 14080 SW 143rd CT in Miami has been sold. The transaction took place on 10/04/2021. The property spans across 25,610 square feet and was sold for a price of $4,000,000, resulting in a price per square foot of $156. The property was purchased by Alan Braverman, Eric Endahl, and Jose Leon from the seller, Neil Bazain.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,000,000
- Address: 14080 SW 143rd CT, Miami
- Market: Miami
- Buyer: Alan Braverman, Eric Endahl, and Jose Leon
- Seller: Neil Bazain
- Square Footage: 25,610
- Price per Square Foot: $156
Alan Braverman, Eric Endahl, and Jose Leon acted as the buyers in this transaction, representing themselves. Neil Bazain was the seller. The sale of the industrial property emphasizes the successful deal made between these individuals.
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93