Elion Partners Acquires Industrial Property In Doral For $19.75M
9900 NW 25th St, Doral, Florida 33172, United States
$19,750,000
$233/SF
Building Size
84,482 SF
Asset Type
Industrial
Closing
Jan 2, 2022
AI
The industrial property located at 9900 & 9950 NW 25th St in Doral has been sold for a price of $19,750,000. The property spans across 5.3 acres and offers a total square footage of 84,482. The sale price per square foot amounts to $234. The transaction took place on 01/02/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $19,750,000
- Address: 9900 & 9950 NW 25th St, Doral
- Market: Doral
- Acreage: 5.3 acres
The buyer in this transaction is Elion Partners represented by Shlomo Khoudari, while the seller is Luban International represented by Luis Banegas.
Players
Doral 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
0.80%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93