Updated Dec 4, 2024
Nelson Gonzalez Acquires Miami Warehouse For $5.6M
8530 Northwest 93rd Street, Miami, Florida 33166, United States
$5,600,000
$346/SF
Building Size
16,155 SF
Asset Type
Industrial
Closing
Oct 6, 2022
About this deal
AI
The property asset involved in this closed transaction is a warehouse located at 8530 NW 93rd St in Miami, FL. The property has a total square footage of 16,155 and was sold for a price of $5,600,000, resulting in a price per square foot of $346.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $5,600,000
- Square Footage: 16,155
- Price per Square Foot: $346
- Address: 8530 NW 93rd St, Miami, FL
The buyer of the warehouse property is Nelson Gonzalez, and the seller is Antonio Cabrera Jr.
Players
Medley 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
2.83%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93