Roland Digasbarro Purchases Industrial Asset From Luis Molla For $1.2M With Brokers Jonathan Eismann And Luis Guevara
SOLD
$1,200,000
Florida
See Similar DealsIndustrial339 SF
Sold 06/28/2024
SOLD
Roland Digasbarro Purchases Industrial Asset From Luis Molla For $1.2M With Brokers Jonathan Eismann And Luis Guevara
711 Northwest 24th Street
See Similar DealsIndustrial339 SF
Sold 06/28/2024
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$3,539
Total Square Footage:339 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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