Santiago Martinez & Celia Guido Acquire Industrial Property In Doral For $6.18M
SOLD
$6,180,000
Florida
See Similar DealsIndustrial343 SF
Sold 03/29/2024
SOLD
Santiago Martinez & Celia Guido Acquire Industrial Property In Doral For $6.18M
Industrial343 SF
Sold 03/29/2024
Summary
Asset Type:Industrial
Price Per Square Foot:$18,017
Total Square Footage:343 SF
Transaction Type:Sale
The industrial property located at 6371 NW 102th Ave unit 111, 112 in Doral was recently sold for $6,180,000. The property spans 343 square feet, resulting in a price per square foot of $18,017.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $6,180,000
- Address: 6371 NW 102th Ave unit 111, 112
- Market: Doral
- Buyer: Santiago Martinez & Celia Guido
- Buyer's Rep: Lenis Pernia- Xcellence Realty
The transaction was facilitated by Lenis Pernia from Xcellence Realty, who represented the buyers, Santiago Martinez and Celia Guido. Their involvement was crucial in closing the deal for the industrial property in Doral.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$329,599.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,956.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,296.35
Annual Debt Service$351,556.23
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