Updated Sep 9, 2024
Dr. Ramzi Younis Acquires Medical Office In Homestead For $1.63M
948 N Krome Ave Homestead, FL 33030, USA
$1,630,000
Building Size
—
Asset Type
Medical Office
Closing
Jul 14, 2023
About this deal
AI
A medical office located at 948 N Krome Ave in Homestead has been sold for $1,630,000. The building spans 4,202 square feet, resulting in a price per square foot of $388. The lot size is 14,025 square feet, leading to a price per square foot of $116.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $1,630,000
- Building Size: 4,202 square feet
- Price per Building Square Foot (PPBSF): $388
- Lot Size: 14,025 square feet
- Price per Lot Square Foot (PPLSF): $116
The buyer of the medical office is Dr. Ramzi Younis, while the seller is David Halabu. Representing the buyer is Ron Mann from APEX Capital Realty, while the seller is represented by Jamie Rose Maniscalco and Liz Coloma, also from APEX Capital Realty.
On the Map
$1,630,000
Medical Office
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Players
Homestead Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.73%
Cash-on-Cash
-2.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93