Hector Cataño Acquires Industrial Property In Miami-Dade For $2.12M
4301 Northwest 72nd Avenue
$2,120,000
$216/SF
Building Size
9,800 SF
Asset Type
Industrial
Closing
Oct 14, 2022
AI
The industrial property located at 4301 NW 72nd Avenue in Miami-Dade has been successfully sold. The transaction took place on October 14, 2022.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $2,120,000
- Square Footage: 9,800
- Price per Square Foot: $216
- Address: 4301 NW 72nd Avenue, Miami-Dade
Hector Cataño has acquired the property, acting as the buyer. The seller, Matt DelMazio, facilitated the sale. Hector Cataño, represented by Cornerstone International Realty, acted as his own buyer's representative in the deal. Nick Wigoda, on the other hand, served as the seller's representative.
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
7.48%
Cash-on-Cash
-2.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93