Ramp Financial Leases Space From Related Group At 215 NW 24th St Miami
215 NW 24th St, Miami, FL, 33127
Building Size
—
Asset Type
Office
Closing
Oct 13, 2021
AI
The property located at 215 NW 24th St, Miami, FL, 33127, involves a lease transaction. The size of the property is not specified in square footage, and it is situated in the Miami market. The landlord for this transaction is the Related Group.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 215 NW 24th St, Miami, FL, 33127
- Market: Miami
- Landlord's Representative: David Lerner - DWNTWN Realty Advisors
- Tenant: Ramp Financial
- Landlord: Related Group
Key individuals involved in this transaction include David Lerner representing the landlord, Related Group, and the tenant, Ramp Financial, who is entering into the lease agreement for the property at the specified address.
Players
Miami Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93