Updated Oct 28, 2024
Robert And Nicolas Sommerhoff Croquevil Acquire Other Industrial Asset In Miami For $5.75M
9650 South Dixie Highway, Miami, Florida 33156, United States
$5,750,000
$3,001/SF
Building Size
1,916 SF
Asset Type
Industrial
Closing
Mar 29, 2022
About this deal
AI
The other industrial property located at 9650 S Dixie Hwy in Miami, FL was sold on March 30, 2022. The property spans across 1,916 square feet. The sale price for this transaction was $5,750,000, resulting in a price per square foot of $3,001.
Summary of transaction details
- Property Type: Other Industrial
- Transaction Amount: $5,750,000
- Address: 9650 S Dixie Hwy, Miami, FL
- Market: Miami, FL
The buyer in this transaction was Robert Sommerhoff & Nicolas Sommerhoff Croquevil. The seller of the property was Carole Saks.
Players
Kendall Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Kendall industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93