Updated Dec 20, 2023
Arturo & Idalmis Vizcaino Acquire Warehouse In Miami, FL For $2.8M
8309 Northwest 70th Street, Miami, Florida 33166, United States
$2,800,000
$422/SF
Building Size
6,631 SF
Asset Type
Industrial
Closing
Oct 31, 2022
About this deal
AI
The warehouse located at 8309 NW 70th St in Miami, FL has been sold for $2,800,000. The property spans 6,631 square feet, resulting in a price per square foot of $422.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $2,800,000
- Address: 8309 NW 70th St
- Market: Miami, FL
The buyers of the property are Arturo Vizcaino and Idalmis Vizcaino. On the other hand, Ariel Gonzalez and Maria Gonzalez are the sellers.
The industrial sale at 8309 Northwest 70th Street, Miami, Florida 33166, United States in Miami, Florida sold for $2.8M in 2022. The building is 6,631 square feet, implying about 422 per square foot on the published price. This page is the Miami, Florida file for the 8309 Northwest 70th Street, Miami, Florida 33166, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Miami sit in the Market section below. Filter that Miami industrial set by closing date to see what else sold near 8309 Northwest 70th Street, Miami, Florida 33166, United States around 2022. Published consideration for 8309 Northwest 70th Street, Miami, Florida 33166, United States is $2.8M, dated 2022. Cite this Arturo & Idalmis Vizcaino Acquire Warehouse In Miami, FL For $2.8M sale when underwriting similar industrial product around Miami, Florida.
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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93