Carlos Vazquez Of Nexos Invest Provides $3M Acquisition Loan For Mixed-Use Property In Miami
FINANCED
Florida
See Similar DealsMixed-use4,477 SF
Financed 12/03/2024
FINANCED
Carlos Vazquez Of Nexos Invest Provides $3M Acquisition Loan For Mixed-Use Property In Miami
300 Biscayne Boulevard
See Similar DealsMixed-use4,477 SF
Financed 12/03/2024
Summary
FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$670
Total Square Footage:4,477 SF
Transaction Type:Loan
The property asset involved in this transaction is a mixed-use facility located at 300 Biscayne Boulevard in Miami, encompassing a total of 4,477 square feet. The acquisition loan secured for the property amounted to $3,000,000.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,000,000
- Address: 300 Biscayne Boulevard
- Market: Miami
- Lender: Carlos Vazquez - Nexos Invest
- Landlord: Aston Martin
- Broker: Mauricio Ordoñez & Gaston Schneider - QKapital
The key individuals involved in this deal include Carlos Vazquez, representing Nexos Invest as the lender, and Aston Martin as the landlord. The brokerage representation was handled by Mauricio Ordoñez and Gaston Schneider from QKapital.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,000,000.00
Monthly NOI$20,000.00
Monthly Debt Service$18,962.04
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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