Alfredo Riascos Acquires Industrial Property From Latrice Bruno At 195 NW 71 ST For $1.6M
Nw 71 St
$1,600,000
$276/SF
Building Size
5,785 SF
Asset Type
Industrial
Closing
Jun 8, 2026
AI
The property asset involved in this transaction is an industrial building located at 195 NW 71 ST, Miami, FL. The sale price was $1,600,000, encompassing a total square footage of 5,785 and a price per square foot of $276, positioning it in the Miami market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,600,000
- Address: 195 NW 71 ST, Miami, FL
- Square Footage: 5,785
- Price Per Square Foot: $276
- Buyer: Alfredo Riascos
- Seller: Latrice Bruno - US Body Shop
- Seller's Representative: Martin Bravo & Alexander Reyes - APEX Capital Realty
This deal involved the buyer Alfredo Riascos and the seller Latrice Bruno from US Body Shop, with Martin Bravo and Alexander Reyes representing the seller in this transaction. APEX Capital Realty advised the seller on this distressed deal and successfully closed it one week prior to the auction.
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.91%
Cash-on-Cash
-2.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93