Updated Dec 18, 2023
Luxe Properties LLC Sells Industrial Property In Allapattah, Miami For $1.16M
772 NW 22nd St, Allapattah, Miami, FL, USA
$1,160,000
$104/SF
Building Size
11,081 SF
Asset Type
Industrial
Closing
Sep 6, 2021
About this deal
AI
The industrial property located at 772 NW 22 St in Allapattah, Miami was recently sold for a total price of $1,160,000. The property spans across 11,081 square feet, resulting in a price per square foot of $105.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,160,000
- Address: 772 NW 22 St
- Market: Allapattah, Miami
- Square Feet: 11,081
- Price per Square Foot: $105
The deal was facilitated by Luxe Properties LLC, with Deni S. Alvarez representing as the broker. Deni S. Alvarez played a crucial role in the transaction, ensuring a successful completion of the sale.
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
13.68%
Cash-on-Cash
-3.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93