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An Industrial Property Sold In Doral For $1.6M

Property Image
SOLD
$1,600,000

Florida

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Industrial6,376 SF
Sold 04/05/2022
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Property Image
SOLD

An Industrial Property Sold In Doral For $1.6M

3530 Northwest 115th Avenue, Doral, Florida 33178, United States

See Similar Deals
Industrial6,376 SF
Sold 04/05/2022
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$250
Total Square Footage:6,376 SF
Transaction Type:Sale

The industrial property located at 3530 NW 115th Ave in Doral has been sold for $1,600,000. The property spans 6,376 square feet, resulting in a price per square foot of $251. The sale was completed on April 5, 2022. Sergio Martins from Premier Luxe Group represented both parties as the broker in this deal.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,600,000
  • Address: 3530 NW 115th Ave, Doral
  • Market: Doral
  • Seller: Brian Dickens
  • Broker: Sergio Martins - Premier Luxe Group
  • Total Square Footage: 6,376
  • Price per Square Foot: $251

Sergio Martins, from Premier Luxe Group, played a crucial role in facilitating the sale of the industrial property at 3530 NW 115th Ave in Doral. Both the buyer, Horacio Celiz, and the seller, Brian Dickens, entrusted their representation in this transaction to Martins. With his expertise, the deal was successfully closed, allowing Celiz to acquire the property from Dickens.

Players

Sergio Martins
3 deals$8.5M volume(786) 487-8527
BROKER

Details

SOLD
IMAGE: Sergio Martins DATE: 04/05/2022 ADDRESS: 3530 NW 115th Ave MARKET: Doral ASSET TYPE: Industrial SELLER: Brian Dickens BROKER: Sergio Martins (@Sergio.Realtor) - Premier Luxe Group (@PremierLuxeGroup) SALE PRICE: $1,600,000 SF: 6,376 ~ PPSF: $251

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,684.48
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