Tomas Pequeno Acquires Industrial Property In Miami From Marcos Castro For $4.775M
SOLD
$4,775,000
+ 1
Florida
See Similar DealsIndustrial6,475 SF
Sold 10/01/2025
SOLD
Tomas Pequeno Acquires Industrial Property In Miami From Marcos Castro For $4.775M
2190 Northwest 36th Street
See Similar DealsIndustrial6,475 SF
Sold 10/01/2025
+ 1
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$737
Total Square Footage:6,475 SF
Transaction Type:Sale
The industrial property located at 2190 Northwest 36th Street in Miami was sold for a total price of $4,775,000. The asset encompasses a square footage of 6,475, leading to a price per square foot of $737.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,775,000
- Buyer: Tomas Pequeno
- Seller: Marcos Castro
- Brokers: Bobby Berrido, CCIM, Rey Moya & Markos Bertolotti - Fausto Commercial Realty Consultants
The brokers involved in this transaction included Bobby Berrido, Rey Moya, and Markos Bertolotti, representing Fausto Commercial Realty Consultants, playing a significant role in facilitating the sale between the buyer and seller.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$254,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,964.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,635.94
Annual Debt Service$271,631.23
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