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8305 Northwest 27th Street

Seagis Property Group Acquires Industrial Property In Transal Park, Doral For $16M
SOLDIndustrial

Seagis Property Group Acquires Industrial Property In Transal Park, Doral For $16M

8305 Northwest 27th Street

$16,000,000

Building Size

Asset Type

Industrial

Closing

Feb 11, 2022

AI

An industrial property located at 8305 NW 27th Street and NW 84th Avenue in Transal Park, Airport West, Doral has been sold. The property spans 5.70 acres and has been transacted for a price of $16,000,000. The buyer in this transaction is Seagis Property Group, while the seller is Eduardo De Castro, who represents Overcom Trade Inc.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $16,000,000
  • Address: 8305 NW 27th Street and NW 84th Avenue
  • Market: Transal Park, Airport West, Doral

Patty Marquez and Steve DiGiacomo from DiGiacomo Group, along with Jose Juncadella and Sebastian Juncadella from Fairchild Partners, served as the brokers in this deal. It is worth noting that Patty Marquez and Steve DiGiacomo represent the buyer, Seagis Property Group, while Jose Juncadella and Sebastian Juncadella represent the seller, Eduardo De Castro.

Players

Patricia Marquez

Broker

$93M

vol

3 deals

Broker
Seagis Property Group
Seagis Property GroupBuyer

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

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93