Updated Dec 20, 2023
David Egan Acquires Warehouse In Miami For $20.1M
4343 NW 77 Ave, Miami, Florida 33166, United States
$20,100,000
$804,000/SF
Building Size
25 SF
Asset Type
Industrial
Closing
Jul 12, 2022
About this deal
AI
The warehouse located at 4343 NW 77th Ave in Miami, FL has been sold in a transaction that took place on December 7, 2022. The property spans 25,626 square feet and was sold for a price of $20,100,000, resulting in a price per square foot of $784. The buyer in this transaction is David Egan, while the seller is W Christopher Crosby.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $20,100,000
- Square Footage: 25,626
- Price per Square Foot: $784
- Address: 4343 NW 77th Ave, Miami, FL
- Market: Miami, FL
Davod Egan acted as the buyer in this transaction, while W Christopher Crosby represented 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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93