facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

8081 Southwest 66th Street

Hector Romero Purchases Industrial Property In Miami For $1.9M
SOLDIndustrial

Hector Romero Purchases Industrial Property In Miami For $1.9M

8081 Southwest 66th Street

$1,900,000

$266/SF

Building Size

7,128 SF

Asset Type

Industrial

Closing

Jan 16, 2023

AI

Hector Romero has purchased an industrial property located at 8081 Southwest 66th Street in Miami. The property spans 7,128 square feet and was sold for a price of $1,900,000, resulting in a price per square foot of $267.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,900,000
  • Address: 8081 Southwest 66th Street, Miami

The deal was facilitated by the CBRE team, consisting of Larry Genet, Tom O'Loughlin, and Zack Krawiec. They served as the brokers representing both the buyer, Hector Romero, and the seller, Patrick Dipietro.

Players

Larry Genet

CBRE

Broker

$454.4M

vol

61 deals

Broker

Miami Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93