Updated Dec 21, 2023
Jeanilier Lorenzo & Gonzalo Carmona Acquire $4M Warehouse In Miami From Francis R. Maderal
9830 Northwest 114th Street, Miami Lakes, Florida 33018, United States
$4,000,000
$400/SF
Building Size
10,000 SF
Asset Type
Industrial
Closing
Jun 6, 2022
About this deal
AI
A warehouse located at 9830 NW 114th Way in Miami, FL was recently sold for $4,000,000. The property spans 10,000 square feet, resulting in a price per square foot of $400.
Summary of transation details
- Property Type: Warehouse
- Transaction Amount: $4,000,000
- Address: 9830 NW 114th Way, Miami, FL
- Market: Miami, FL
The buyer in this transaction was Jeanilier Lorenzo & Gonzalo Carmona, while the seller was Francis R. Maderal.
The industrial sale at 9830 Northwest 114th Street, Miami Lakes, Florida 33018, United States in Hialeah, Florida sold for $4M in 2022. The building is 10,000 square feet, implying about 400 per square foot on the published price. This page is the Hialeah, Florida file for the 9830 Northwest 114th Street, Miami Lakes, Florida 33018, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Hialeah sit in the Market section below. Filter that Hialeah industrial set by closing date to see what else sold near 9830 Northwest 114th Street, Miami Lakes, Florida 33018, United States around 2022. Published consideration for 9830 Northwest 114th Street, Miami Lakes, Florida 33018, United States is $4M, dated 2022. Cite this Jeanilier Lorenzo & Gonzalo Carmona Acquire $4M Warehouse In Miami From Francis R. Maderal sale when underwriting similar industrial product around Hialeah, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93