Elad Barokas Of Keller Williams Realty Sells Miami Industrial Property For $1.35M
SOLD
$1,350,000
Florida
See Similar DealsIndustrial8,462 SF
Sold 09/16/2021
SOLD
Elad Barokas Of Keller Williams Realty Sells Miami Industrial Property For $1.35M
18320 NE 1st Ct, Miami, FL, USA
See Similar DealsIndustrial8,462 SF
Sold 09/16/2021
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$159
Total Square Footage:8,462 SF
Transaction Type:Sale
Located at 18320 NE 1st Ct in Miami, this industrial property has been sold in a recent transaction. The property spans a total of 8,462 square feet and was sold for a price of $1,350,000, resulting in a price per square foot of $160.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $1,350,000
- Square Footage: 8,462
- Price Per Square Foot: $160
- Address: 18320 NE 1st Ct, Miami
Elad Barokas from Keller Williams Realty represented the parties involved in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,796.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,399.69
Annual Debt Service$76,796.26
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