facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

2185 Northwest 115th Avenue...

Hollywood Diagnostics Center Acquires Industrial Condo In Sweetwater For $8M
SOLDIndustrial

Hollywood Diagnostics Center Acquires Industrial Condo In Sweetwater For $8M

2185 Northwest 115th Avenue, Sweetwater, FL, USA

$8,000,000

$247/SF

Building Size

32,351 SF

Asset Type

Industrial

Closing

Sep 26, 2021

AI

The industrial condo located at 2185 Northwest 115th Avenue, Unit 1, 2 & 3 in Sweetwater has been sold for a total price of $8,000,000. The property spans across 32,351 square feet, resulting in a price per square foot of $247. The transaction took place on September 27, 2021.

Summary of transaction details

  • Property Type: Industrial Condo
  • Transaction Amount: $8,000,000
  • Market: Sweetwater
  • Address: 2185 Northwest 115th Avenue, Unit 1, 2 & 3
  • Square Footage: 32,351
  • Price per Square Foot: $247

The buyer, Hollywood Diagnostics Center represented by Angel Soto, acquired the property from the seller, Double Ace Cargo represented by Rolgues Rodriguez. Both parties were involved in the closed transaction and played a key role in the deal.

Players

Angel Soto

Buyer

$12.5M

vol

2 deals

Buyer

Miami Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93