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2635 NW 36 St

James Fulford Acquires Industrial Property In Miami For $2M
SOLDIndustrial

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

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.

Players

Carlos Fausto Miranda

Fausto Commercial Realty Consultants

Broker

$239.3M

vol

54 deals

Broker

Market 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