Updated Dec 21, 2023
Levi Habosha Acquires Warehouse In Miami For $2.525M
16290 Northwest 13th Avenue, Miami, Florida 33169, United States
$2,525,000
$149/SF
Building Size
16,852 SF
Asset Type
Industrial
Closing
Jan 27, 2022
About this deal
AI
A warehouse located at 16290 NW 13th Ave in Miami, FL was recently sold in a transaction on January 28, 2022. The property spans 16,852 square feet and was sold for a price of $2,525,000. This equates to a price per square foot of $149.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $2,525,000
- Address: 16290 NW 13th Ave, Miami, FL
- Market: Miami, FL
The buyer of the warehouse was Levi Habosha, while the seller was William C Webb Jr.
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
6.28%
Cash-on-Cash
-1.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93