Arsenio Viera Buys Industrial Property In Miami For $1.1M
SOLD
$1,100,000
Florida
See Similar DealsIndustrial10,500 SF
Sold 03/21/2024
SOLD
Arsenio Viera Buys Industrial Property In Miami For $1.1M
2130 Northwest 23rd Avenue
See Similar DealsIndustrial10,500 SF
Sold 03/21/2024
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$104
Total Square Footage:10,500 SF
Transaction Type:Sale
The industrial property located at 2130 Northwest 23rd Avenue in Miami was sold for $1,100,000. Spanning 10,500 square feet, the property was acquired by Arsenio Viera from the seller Elein Valdes.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,100,000
- Buyer: Arsenio Viera
- Seller: Elein Valdes
- Brokers: Carlos Fausto Miranda & Inigo Aldecoa - Fausto Commercial Realty Consultants
- Address: 2130 Northwest 23rd Avenue, Miami
- Square Footage: 10,500
Carlos Fausto Miranda and Inigo Aldecoa from Fausto Commercial Realty Consultants facilitated the transaction between the buyer and the seller in this deal involving an industrial property in Miami.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$58,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,908.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,214.56
Annual Debt Service$62,574.73
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