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Diego Acosta Acquires Industrial Property In Doral For $3.31M

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SOLD
$3,310,000

Florida

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Industrial10,005 SF
Sold 09/08/2023
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Property Image
SOLD

Diego Acosta Acquires Industrial Property In Doral For $3.31M

2080 NW 79th Ave Miami, FL 33122, USA

See Similar Deals
Industrial10,005 SF
Sold 09/08/2023
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$330
Total Square Footage:10,005 SF
Transaction Type:Sale

Located at 2080 NW 79 Avenue in Doral, this industrial property is the subject of a recent sale transaction. The property spans 10,005 square feet with a lot size of 22,729 square feet, offering ample space for industrial activities. The sale price for this property was $3,310,000, resulting in a price per square foot of $331.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,310,000
  • Address: 2080 NW 79 Avenue, Doral
  • Market: Doral
  • Square Footage: 10,005
  • Price per Square Foot: $331
  • Lot Size: 22,729 square feet

The buyer in this transaction is Diego Acosta, while the seller is Arturo Marrero of Marrero And Sons. The deal was facilitated by Felipe Escobar, Miguel Pinto, and Adriano Salucci, who represented both the buyer and the seller as brokers from APEX Capital Realty.

Players

Miguel Pinto
50 deals$330.5M volume
BROKER

Adriano Salucci
APEX Capital Realty
29 deals$121.6M volume(305) 340-3584
BROKER

Felipe Escobar
APEX Capital Realty
15 deals$48.3M volume(305) 985-9295
BROKER

Details

SOLD
IMAGE: Felipe Escobar, Miguel Pinto & Adriano Salucci DATE: 09/08/2023 ADDRESS: 2080 NW 79 Avenue MARKET: Doral ASSET TYPE: Industrial BUYER: Diego Acosta SELLER: Arturo Marrero - Marrero And Sons BROKERS: Felipe Escobar (@Juanesc0bar), Miguel Pinto & Adriano Salucci (@S_Bolognese) - APEX Capital Realty (@APEXCapitalRealty) SALE PRICE: $3,310,000 SF: 10,005 ~ PPSF: $331 LOT SF: 22,729

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$176,533.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,759.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,691.09
Annual Debt Service$188,293.06