Wood Truss Of Miami Acquires Mixed-Use Property In Southwest Ranches For $1.65M
14301 Stirling Road
$1,650,000
$590/SF
Building Size
2,795 SF
Asset Type
Mixed-use
Closing
Feb 15, 2023
About this deal
AI
The mixed-use property located at 14301 Stirling Road in Southwest Ranches has been sold in a recent transaction. The property measures 2,795 square feet and was sold for a price of $1,650,000, resulting in a price per square foot of $590.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,650,000
- Address: 14301 Stirling Road
- Market: Southwest Ranches
Ricardo Diaz, representing Wood Truss Of Miami, acted as the buyer in this transaction. The seller of the property was James Hancock. The deal was facilitated by Marcello Fabbri from The Fabbri Group - Concierge Properties and Luda Ganchenko from Sotheby's International Realty.
Players
Market Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93