Updated Nov 23, 2023
KPI International Realty Sells Industrial Property In Miami Gardens For $4.2M
18470 Nw 27 Ave
$4,200,000
$168/SF
Building Size
24,949 SF
Asset Type
Industrial
Closing
Feb 21, 2023
About this deal
AI
The industrial property located at 18470 NW 27 Ave in Miami Gardens has been sold in a closed transaction. The property spans 24,949 square feet and was sold for a price of $4,200,000, resulting in a price per square foot of $168.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,200,000
- Square Feet: 24,949
- Price Per Square Foot: $168
- Address: 18470 NW 27 Ave, Miami Gardens
The deal was facilitated by Michael Ramunno from KPI International Realty, who represented the seller or buyer in this transaction.
Players
Citra 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93