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3550 NW 113th Ct, Miami, FL...

Comfortside LLC Acquires Property From OCASA Logistics In Doral For $4.15M
SOLDIndustrial

Comfortside LLC Acquires Property From OCASA Logistics In Doral For $4.15M

3550 NW 113th Ct, Miami, FL, 33178

$4,150,000

$159/SF

Building Size

26,000 SF

Asset Type

Industrial

Closing

Nov 20, 2023

AI

The property asset involved in this transaction is located at 3550 NW 113th Ct, Miami, FL, 33178, within the Doral market. It was sold for a price of $4,150,000.00 and features a total square footage of 26,000. The sale was executed between Comfortside, LLC as the buyer and OCASA Logistics as the seller.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $4,150,000.00
  • Buyer: Comfortside, LLC
  • Seller: OCASA Logistics
  • Address: 3550 NW 113th Ct, Miami, FL, 33178
  • Market: Doral
  • Buyer’s Representative: Matt Maciag - JLL
  • Seller’s Representatives: Frank Trelles - State Street Realty, George Pino
  • Square Footage: 26,000

This transaction involved key individuals such as Matt Maciag who represented the buyer, Comfortside, LLC, and Frank Trelles along with George Pino who represented the seller, OCASA Logistics. These representatives played crucial roles in facilitating the sale agreement between both parties.

Players

Frank Trelles

Vivo Real Estate Group

Broker

$104.8M

vol

39 deals

Broker

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

3.82%

Cash-on-Cash

-1.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93