Updated Sep 5, 2024
Carlos Asuaje Acquires Industrial Property In Miami From Carlos Kochen For $4.8M
7401 NW 32nd Ave Miami, FL 33147, USA
$4,800,000
$167/SF
Building Size
28,598 SF
Asset Type
Industrial
Closing
Jun 21, 2023
About this deal
AI
The industrial property located at 7401 NW 32 Avenue in Miami has been sold in a closed transaction. The property spans 28,598 square feet and was sold for a price of $4,800,000, resulting in a price per square foot of $168. The transaction took place on June 21, 2023.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,800,000
- Square Footage: 28,598
- Price per Square Foot: $168
- Address: 7401 NW 32 Avenue, Miami
The buyer of the property is Carlos Asuaje, while the seller is Carlos Kochen. Representing the seller in the deal were Joel A. Kattan and Anthony Peragine from SVN.
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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93