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8175 NW 31st St, Miami, FL ...

Yulenia Perez Acquires Industrial Property In Miami For $4.2M
SOLDIndustrial

Yulenia Perez Acquires Industrial Property In Miami For $4.2M

8175 NW 31st St, Miami, FL 33122

$4,200,000

$233/SF

Building Size

18,000 SF

Asset Type

Industrial

Closing

Dec 28, 2021

AI

Located at 8175 NW 31 St in Miami, this industrial property was recently sold for a price of $4,200,000. Spanning over 18,000 square feet, the property offers ample space for various industrial activities. The sale price of $4,200,000 translates to a price per square foot of $233.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $4,200,000
  • Address: 8175 NW 31 St, Miami
  • Market: Miami
  • Buyer: Yulenia Perez
  • Seller: Daniel Uribe
  • Buyer's Representative: Chris Cleveland - RE/MAX 360 Real Estate
  • Seller's Representative: Konstantin Maximowitsch - Optimar International Realty
  • Square Footage: 18,000
  • Price Per Square Foot: $233

The buyer, Yulenia Perez, acquired the property from the seller, Daniel Uribe. Representing the buyer in this transaction was Chris Cleveland from RE/MAX 360 Real Estate, while Konstantin Maximowitsch from Optimar International Realty acted as the seller's representative. This successful deal demonstrates the collaboration between the parties involved in completing the sale of this industrial property.

Players

Chris Cleveland

Re/Max

Broker

$6.3M

vol

2 deals

Broker

Doral 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

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93