Updated Dec 21, 2023
Ray Shadravan Acquires Industrial Property In Miami For $1.75M
14193 Southwest 142nd Avenue, Miami, Florida 33186, United States
$1,750,000
$159/SF
Building Size
10,980 SF
Asset Type
Industrial
Closing
May 16, 2022
About this deal
AI
14193 SW 142nd Ave, an industrial property located in Miami, was recently sold for $1,750,000. The property spans a total square footage of 10,980, resulting in a price per square foot of $159.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,750,000
- Address: 14193 SW 142nd Ave
- Market: Miami
- Buyer: Ray Shadravan
- Seller: Anne Rachel Brown
- Brokers: Adam H. Klein & Elon Gerberg - ROI Partners/SVN Commercial Partners
The sale of 14193 SW 142nd Ave was facilitated by Adam H. Klein and Elon Gerberg, representing ROI Partners/SVN Commercial Partners. This transaction marks the successful exchange of ownership between the buyer, Ray Shadravan, and the seller, Anne Rachel Brown.
On the Map
$1,750,000
$159/SF
Industrial
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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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93