Updated Oct 28, 2024
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
About this deal
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.
On the Map
$8,000,000
$247/SF
Industrial
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Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
About $247 per square foot on a published $8M for 32,351 square feet (2021).
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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