SOLDIndustrial
TecnoMega Acquires Industrial Property In Doral From Chesapeake Bay For $1.7M
3365 NW 97th Ave, Doral, FL, USA
$1,695,000
$199/SF
Building Size
8,500 SF
Asset Type
Industrial
Closing
May 10, 2021
AI
An industrial property located at 3365 NW 97th Ave in Doral has been sold for $1,695,000. The property spans 8,500 square feet and was sold at a price of $199 per square foot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,695,000
- Date: 05/11/2021
- Market: Doral
- Buyer: TecnoMega
- Seller: Chesapeake Bay
- Buyer's Rep: Edison Vasquez @EdisonIndustrial
- Seller's Rep: Luciano Rappa
The buyer in this transaction was TecnoMega, represented by Edison Vasquez from EdisonIndustrial. The seller, Chesapeake Bay, was represented by Luciano Rappa.
Doral Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.36%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93