Updated Sep 5, 2024
James Fulford Acquires Industrial Property In Miami For $2M
2635 NW 36 St
$2,000,000
$450/SF
Building Size
4,440 SF
Asset Type
Industrial
Closing
Jun 29, 2023
About this deal
AI
The industrial property located at 2635 NW 36 Street in Miami has been sold in a recent transaction. The property spans across 4,440 square feet and was sold for a total price of $2,000,000, resulting in a price per square foot of $450.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,000,000
- Address: 2635 NW 36 Street, Miami
- Market: Miami
James Fulford purchased the property from Lia Escobar. The transaction was facilitated by Carlos Fausto Miranda and Markos Bertolotti from Fausto Commercial Realty Consultants, who represented both the buyer and the seller.
On the Map
$2,000,000
$450/SF
Industrial
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Players
Miami 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93