The Landmark At Doral Homeowners Association Acquires Office Building In Doral For $15.9M
10220 Northwest 66th Street, Doral, Florida 33178, United States
$15,900,000
$1,122/SF
Building Size
14,169 SF
Asset Type
Office
Closing
Mar 21, 2022
About this deal
AI
The Landmark at Doral Homeowners Association has purchased an office property located at 10220 Northwest 66th Street in Doral. The property spans 14,169 square feet and was sold by Lennar, with Stuart Miller representing the seller. The sale took place on March 22, 2022, for a total of $15,900,000. This brings the price per square foot to $1,122.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $15,900,000
- Address: 10220 Northwest 66th Street, Doral
- Market: Doral
- Buyer: The Landmark at Doral Homeowners Association
- Seller: Lennar - Stuart Miller
- Square Footage: 14,169
- Price per Square Foot: $1,122
Stuart Miller of Lennar represented the seller, while The Landmark at Doral Homeowners Association acted as the buyer in this office property transaction in Doral.
Players
Doral 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
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93