Updated Oct 25, 2024
Angelo Gordon Acquires Industrial Property From Jorge J Garcia In Miami, FL
9330 Northwest 109th Street, Medley, Florida 33178, United States
$3,108,250
$621,650/SF
Building Size
5 SF
Asset Type
Industrial
Closing
Dec 13, 2022
About this deal
AI
The industrial property located at 9330 NW 109th St in Miami, FL has been sold. The property spans across 5,740 square feet and was sold for a price of $3,108,250, resulting in a price per square foot of $541. The transaction took place on 12/13/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,108,250
- Square Footage: 5,740
- Price Per Square Foot: $541
- Address: 9330 NW 109th St, Miami, FL
- Market: Miami, FL
The buyer of the industrial property is Angelo Gordon, while the seller is Jorge J Garcia.
On the Map
$3,108,250
$621,650/SF
Industrial
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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
5.10%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93