Tony Arellano Of DWNTWN Realty Advisors Represents Buyer Green Companies In $3.47M Miami Office Sale
10631 N Kendall Dr
$3,470,000
Building Size
—
Asset Type
Office
Closing
Aug 23, 2011
About this deal
AI
The asset involved in this transaction is an office property located at 10631 N Kendall Dr in the Miami market. The property was sold for a price of $3,470,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,470,000.00
- Sale Date: 08/23/2011
- Buyer: Tony Arellano from Green Companies
- Seller: The American Prime Group of Companies
- Broker representing Buyer: Tony Arellano from DWNTWN Realty Advisors
This transaction highlights the involvement of Tony Arellano, who acted as both the buyer and the broker representing his own interest through Green Companies and DWNTWN Realty Advisors, respectively. The seller in this deal was The American Prime Group of Companies.
On the Map
$3,470,000
Office
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Players
Miami 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
4.57%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93