Updated Oct 29, 2024
Barberi International Acquires Industrial Property In Miami For $3.95M
3450 NW 113th Ct, Miami, FL 33178, USA
$3,950,000
$159/SF
Building Size
24,698 SF
Asset Type
Industrial
Closing
Oct 22, 2020
About this deal
AI
The industrial property located at 3450 NW 113th Court in Miami has been sold in a recent transaction. The property spans 24,698 square feet and was sold for a price of $3,950,000. The sale price translates to a per square foot value of $159. The property was listed for sale with an asking price of $4,200,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,950,000
- Address: 3450 NW 113th Court
- Market: Miami
- Square Footage: 24,698
- Price per Square Foot: $159
The buyer of the industrial property is Barberi International. On the other hand, the seller of the property was Stimdel Properties. Representing the seller in this transaction were Frank Trelles and Brian Cabielles.
On the Map
$3,950,000
$159/SF
Industrial
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Players
Doral 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
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93