An Industrial Property Sold In Doral For $1.6M
3530 Northwest 115th Avenue, Doral, Florida 33178, United States
$1,600,000
$250/SF
Building Size
6,376 SF
Asset Type
Industrial
Closing
Apr 4, 2022
AI
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
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
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93