Quantum Purple LLC Acquires Industrial Property In Doral For $18.1M
8280 Northwest 64th Street, Doral, Florida 33166, United States
$18,100,000
$196,739/SF
Building Size
92 SF
Asset Type
Industrial
Closing
Apr 11, 2022
AI
The industrial property located at 8280 NW 64th St. & 6350 NW 82nd Ave in Doral has been sold for a price of $18,100,000. The transaction was completed on 11/04/2022. The property spans across 92,671 square feet with a price per square foot of $195. The buyer of the property is Quantum Purple LLC, while the seller is William K Lyons. The sale was facilitated by Michael Alaoui from Marcus & Millichap.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $18,100,000
- Date: 11/04/2022
- Address: 8280 NW 64th St. & 6350 NW 82nd Ave, Doral
- Market: Doral
- Buyer: Quantum Purple LLC
- Seller: William K Lyons
- Broker: Michael Alaoui - Marcus & Millichap
The sale of this industrial property highlights the successful collaboration between Quantum Purple LLC, as the buyer, and William K Lyons, as the seller. The deal was facilitated by Michael Alaoui from Marcus & Millichap, showcasing their expertise in the industrial real estate market.
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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93