Updated Dec 19, 2023
Mario Jolodosky & Juan T. Chipoco Acquire Industrial Property In Miami For $3.6M
2350 NW 96th Ave, Doral, Miami-Dade, FL, USA
$3,600,000
$438/SF
Building Size
8,218 SF
Asset Type
Industrial
Closing
Jun 13, 2021
About this deal
AI
The industrial property located at 2350 NW 96th Ave in Miami was sold for a total price of $3,600,000. The property spans a total of 8,218 square feet, resulting in a price per square foot of $438. The transaction took place on 06/14/2021.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,600,000
- Address: 2350 NW 96th Ave, Miami
- Market: Miami
- Buyer: Mario Jolodosky & Juan T. Chipoco
- Seller: Eduardo & Jose V. Scheuren
- Square Footage: 8,218
- Price per Square Foot: $438
Mario Jolodosky & Juan T. Chipoco were the buyers in this transaction, while Eduardo & Jose V. Scheuren acted as the sellers. They completed the deal through a broker representation. The sale of the industrial property represents a significant transaction in the Miami market.
Players
Doral Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93