Remax Represents Buyer In $2.5M Miami Industrial Sale
3812 NW 32nd Ave Miami, FL 33142, USA
$2,475,000
$161/SF
Building Size
15,338 SF
Asset Type
Industrial
Closing
Jun 22, 2023
AI
The industrial property located at 3812-3814 Northwest 32nd Avenue in Miami has been sold for a price of $2,475,000. Spanning an area of 15,338 square feet, the property has been purchased by an undisclosed buyer. The transaction reflects a price per square foot of $161.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,475,000
- Address: 3812-3814 Northwest 32nd Avenue, Miami
- Square Footage: 15,338
- Price Per Square Foot: $161
Representing the buyer in this deal is Keiti Silva from Remax, while the seller, Rojasfank Corporation, was represented by Markos Bertolotti from Fausto Commercial Realty Consultants. Oscar Garcia, the representative of Rojasfank Corporation, oversaw the sale on behalf of the seller.
Players
Miami 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
6.41%
Cash-on-Cash
-1.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93