Updated Dec 20, 2023
Roland Rodriguez, Douglas Cancio & Gloria Rodriguez Acquire Industrial Property In Miami For $4.5M
9091 Northwest 27th Avenue, Miami, Florida 33147, United States
$4,500,000
$2,432/SF
Building Size
1,850 SF
Asset Type
Industrial
Closing
Jul 11, 2022
About this deal
AI
The industrial property located at 9091 Nw 27th Ave in Miami, FL was recently sold in a closed transaction. The property has a total area of 1,850 square feet and was sold for a price of $4,500,000, resulting in a price per square foot of $2,432.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,500,000
- Address: 9091 Nw 27th Ave, Miami, FL
- Market: Miami, FL
- Buyer: Roland Rodriguez, Douglas Cancio & Gloria Rodriguez
- Seller: William Maurice Rush & Scott Thomas Anderson
- Size: 1,850 square feet
- Price Per Square Foot: $2,432
The buyer of the industrial property was Roland Rodriguez, Douglas Cancio, and Gloria Rodriguez. The seller of the property was William Maurice Rush and Scott Thomas Anderson.
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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93