Pablo Fuentes And Maria Camila Quintero Acquire Industrial Property From Juan G. Iza For $1.06M
1845 Northwest 112th Avenue
$1,060,000
$407/SF
Building Size
2,602 SF
Asset Type
Industrial
Closing
Aug 30, 2024
AI
The property asset involved in the transaction is an industrial unit located at 1845 Northwest 112th Avenue Units & Sweetwater. The sale price reached $1,060,000, with a total square footage of 2,602, amounting to a price per square foot of $407.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,060,000
- Square Footage: 2,602
- Price per Square Foot: $407
- Buyer: Pablo Fuentes & Maria Camila Quintero
- Seller: Juan G. Iza
- Broker: Ana Vanessa Vallejo Mosienko - Beachfront Realty
This transaction showcases the involvement of Pablo Fuentes and Maria Camila Quintero as the buyers of the industrial unit, while Juan G. Iza acts as the seller. Ana Vanessa Vallejo Mosienko from Beachfront Realty represents the broker in this deal.
Miami 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
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93