Rene & Jessica Hernandez Acquire Miami Warehouse For $4.1M
6450 Northwest 77th Court, Miami, Florida 33166, United States
$4,100,000
$192/SF
Building Size
21,340 SF
Asset Type
Industrial
Closing
Sep 21, 2022
AI
The warehouse located at 6450 NW 77th CT in Miami, FL has been sold in a recent transaction. The property spans across 21,340 square feet and was sold for a total price of $4,100,000, resulting in a price per square foot of $192.
Summary of transaction details:
- Property Type: Warehouse
- Sale Price: $4,100,000
- Square Footage: 21,340
- Price per Square Foot: $192
- Address: 6450 NW 77th CT, Miami, FL
The buyers of the property are Rene Hernandez and Jessica Hernandez, while the seller is Alex Shather.
Miami Springs 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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93