Updated Dec 21, 2023
Kent Karpawich & Cecilie Jorgensen Acquire Manufacturing/Processing Property In Miami, FL For $2.3M
3155 Northwest 20th Street, Miami, Florida 33142, United States
$2,325,000
$1,423/SF
Building Size
1,633 SF
Asset Type
Industrial
Closing
Mar 7, 2022
About this deal
AI
The manufacturing/processing property located at 3155 NW 20th St in Miami, FL has been sold on March 8, 2022. The property spans 1,633 square feet and was sold for a price of $2,325,000, resulting in a price per square foot of $1,423.
Summary of transaction details
- Property Type: Manufacturing/Processing
- Transaction Amount: $2,325,000
- Address: 3155 NW 20th St, Miami, FL
- Market: Miami, FL
The buyer of the property is Kent Karpawich & Cecilie Jorgensen, while the seller is James Dewayne Nall.
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
6.82%
Cash-on-Cash
-1.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93