Updated Dec 4, 2024
Roland Digasbarro Purchases Industrial Asset From Luis Molla For $1.2M With Brokers Jonathan Eismann And Luis Guevara
711 Northwest 24th Street
$1,200,000
$3,539/SF
Building Size
339 SF
Asset Type
Industrial
Closing
Jun 28, 2024
About this deal
AI
The property asset involved in this transaction is an industrial facility located at 711 Northwest 24th Street in Miami. The sale price was $1,200,000, encompassing a total of 3,536 square feet, resulting in a price per square foot of $339.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,200,000
- Address: 711 Northwest 24th Street
- Market: Miami
- Square Footage: 3,536
- Price Per Square Foot: $339
- Buyer: Roland Digasbarro
- Seller: Luis Molla
- Buyer’s Representative: Jonathan Eismann - Gridline Properties
- Seller’s Representative: Luis Guevara - Chariff Realty Group
The key individuals involved in this transaction include the buyer, Roland Digasbarro, and the seller, Luis Molla. The representatives for the buyer and seller were Jonathan Eismann from Gridline Properties and Luis Guevara from Chariff Realty Group, respectively.
On the Map
$1,200,000
$3,539/SF
Industrial
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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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93