Christina H. Cartaya, Melba Reyes, And Francis R. Fernandez Acquire Miami Office Building For $3.97M
10115 Southwest 107th Court, Miami, Florida 33176, United States
$3,970,000
$218/SF
Building Size
18,178 SF
Asset Type
Office
Closing
Mar 22, 2022
About this deal
AI
An office building located at 10115 SW 107th CT in Miami, FL was recently sold in a transaction that closed on March 23, 2022. The property spans a total of 18,178 square feet and was sold for a price of $3,970,000, resulting in a price per square foot of $218.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $3,970,000
- Address: 10115 SW 107th CT, Miami, FL
- Market: Miami, FL
The buyer of the office building was Christina H. Cartaya, Melba Reyes, and Francis R. Fernandez. They acquired the property from the seller, Juan C. Belcastro.
Players
Kendall Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.00%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93