Raul Delgado Purchases Industrial Property From Daniel Jackson In Miami For $1 Million
SOLD
$1,000,000
Florida
See Similar DealsIndustrial3,282 SF
Sold 11/01/2024
SOLD
Raul Delgado Purchases Industrial Property From Daniel Jackson In Miami For $1 Million
8097 Northwest 67th Street
See Similar DealsIndustrial3,282 SF
Sold 11/01/2024
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$304
Total Square Footage:3,282 SF
Transaction Type:Sale
The asset involved in this transaction is an industrial property located at 8097 Northwest 67th Street in the Miami market. The sale price was $1,000,000, and the property encompasses a total of 3,282 square feet, equating to a price per square foot of $304.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,000,000
- Square Footage: 3,282
- Price per Square Foot: $304
- Buyer: Raul Delgado
- Seller: Daniel Jackson
- Broker: Renzo Omar Lamela - Avenew Realty
- Date of Transaction: 11/01/2024
This transaction featured Raul Delgado as the buyer and Daniel Jackson as the seller. The deal was facilitated by broker Renzo Omar Lamela from Avenew Realty, representing the parties involved in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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