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2494 Northwest 20th Street,...

Updated Dec 21, 2023

Guillermo Suarez & Sharon Suarez Acquire Miami Warehouse For $2.65M
SOLDIndustrial

Guillermo Suarez & Sharon Suarez Acquire Miami Warehouse For $2.65M

2494 Northwest 20th Street, Miami, Florida 33142, United States

$2,650,000

$229/SF

Building Size

11,537 SF

Asset Type

Industrial

Closing

Oct 17, 2022

About this deal

AI

The warehouse located at 2494 NW 20th St in Miami, FL was recently sold for a price of $2,650,000. The property spans 11,537 square feet, resulting in a price per square foot of $229. The transaction took place on October 18, 2022.

Summary of transation details

  • Property Type: Warehouse
  • Transaction Amount: $2,650,000
  • Address: 2494 NW 20th St, Miami, FL
  • Market: Miami, FL
  • Square Footage: 11,537
  • Price per Square Foot: $229

The buyers of the property were Guillermo Suarez and Sharon Suarez, while the sellers were Arsenio Viera and Artur Siryk.

Players

Miami Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $229 per square foot on a published $2.7M for 11,537 square feet (2022).

Browse Florida industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.99%

Cash-on-Cash

-1.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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