Updated Oct 29, 2024
Rick Stone's EverWest Real Estate Investors Acquires Industrial Asset In Miami For $13.15M
3505 Northwest 112th Street, Miami, FL, USA
$13,150,000
$96/SF
Building Size
136,000 SF
Asset Type
Industrial
Closing
Dec 27, 2020
About this deal
AI
An industrial property located at 3505 Northwest 112th Street in Miami has been sold for a price of $13,150,000. The property spans approximately 136,000 square feet, resulting in a price per square foot of $97.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $13,150,000
- Address: 3505 Northwest 112th Street
- Market: Miami
- Square Footage: 136,000
- Price per Square Foot: $97
The buyer of the property is Rick Stone, representing EverWest Real Estate Investors. Tyler Williams, also from EverWest, served as the buyer's representative in the deal. On the other side, Joel A. Kattan and Anthony Peragine, brokers from SVN Commercial Realty, represented the seller.
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Joel A. Kattan to view all their deals.
Browse Florida industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.21%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93