Teran Properties Fl Inc Acquires Industrial Asset In Miami For $8.225M With Brokers Brittney Monteagudo And Andres Marino
8125 Northwest 64th Street
$8,225,000
$371/SF
Building Size
22,135 SF
Asset Type
Industrial
Closing
May 12, 2025
AI
The property involved in the transaction is an industrial asset located at 8125 Northwest 64th Street in Miami. The sale was completed on May 13, 2025, for a price of $8,225,000. The property has a total square footage of 22,135 with a price per square foot at $371.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,225,000
- Address: 8125 Northwest 64th Street, Miami
- Square Footage: 22,135
- Price per Square Foot: $371
- Buyer: Teran Properties Fl, Inc
- Buyer's Representative: Andres Marino - LUXE Capital Advisors
- Seller's Representative: Brittney Monteagudo - Bestway Realty Sales, LLC
Andres Marino from Luxe Capital Advisors worked exclusively with Teran Properties to facilitate the successful closure of this deal. For additional opportunities, both on and off the market, interested parties can reach out to Andres at [email protected].
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
1.93%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93