Updated Dec 20, 2023
Irene Hernandez Acquires Warehouse In Miami For $3.5M
8450 Northwest 64th Street, Miami, Florida 33166, United States
$3,500,000
$177/SF
Building Size
19,740 SF
Asset Type
Industrial
Closing
Jan 9, 2022
About this deal
AI
The warehouse property located at 8450 NW 64th St in Miami, FL has been sold for $3,500,000. Spanning across 19,740 square feet, the property was purchased by Irene Hernandez from the seller, Fernando Santos Da Fontoura. The price per square foot for this transaction is $177.
Summary of transation details
- Property Type: Warehouse
- Transaction Amount: $3,500,000
- Square Footage: 19,740
- Price per Square Foot: $177
- Address: 8450 NW 64th St, Miami, FL
- Market: Miami, FL
Irene Hernandez has acquired this warehouse property from Fernando Santos Da Fontoura in the recent transaction. Both parties were represented by their respective brokers.
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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93