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Transwestern Real Estate Services Sells Industrial Property In Doral For $3,015,000

Property Image
SOLD
$3,015,000
Walter Byrd
Thomas Kresse
Carlos Gaviria
+ 2

Florida

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Industrial17,223 SF
Sold 05/13/2020
the dealplayerscompscontact
Property Image
SOLD

Transwestern Real Estate Services Sells Industrial Property In Doral For $3,015,000

7760 NW 56th St, Doral, FL, USA

See Similar Deals
Industrial17,223 SF
Sold 05/13/2020
Walter Byrd
Thomas Kresse
Carlos Gaviria
+ 2
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$175
Total Square Footage:17,223 SF
Transaction Type:Sale

An industrial property located at 7760 NW 56th St in Doral has been sold for a total price of $3,015,000. The property spans a total area of 17,223 square feet, resulting in a price per square foot of $175. The transaction took place on 05/13/2021.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,015,000
  • Address: 7760 NW 56th St
  • Market: Doral

The buyer's representative in this deal was Francisco Giron from Jacog Advisors. On the other hand, Transwestern Real Estate Services (TRS) represented the seller in the transaction. The seller's representative team consisted of Ben Eisenberg, Walter Byrd, Thomas Kresse, and Carlos Gaviria.

Players

Francisco Giron
Vivo Real Estate Group
Francisco Giron
6 deals$50.5M volume
BROKER
Carlos Gaviria
Transwestern
Carlos Gaviria
5 deals$26.3M volume
BROKER
Thomas Kresse
Transwestern
Thomas Kresse
5 deals$12.7M volume
BROKER
Walter Byrd
Transwestern
Walter Byrd
17 deals$53M volume
BROKER
Ben Eisenberg
Transwestern
Ben Eisenberg
4 deals$12.7M volume
BROKER

Details

SOLD
IMAGE: Carlos Gaviria, Walter Byrd, Francisco Giron, Ben Eisenberg & Thomas Kresse DATE: 05/13/2021 ADDRESS: 7760 NW 56th St MARKET: Doral ASSET TYPE: Industrial BUYER'S REP: Francisco Giron - Jacog Advisors SELLER'S REP: Ben Eisenberg, Walter Byrd, Thomas Kresse & Carlos Gaviria - Transwestern Real Estate Services (TRS) SALE PRICE: $3,015,000 SF: 17,223 ~ PPSF: $175

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$160,800.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,711.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,292.64
Annual Debt Service$171,511.66