Nadg SW 152 LP Acquires Office In Miami For $3.15M
12125 Southwest 152nd Street, Miami, FL, USA
$3,150,000
$853/SF
Building Size
3,693 SF
Asset Type
Office
Closing
Oct 7, 2021
About this deal
AI
The property involved in this closed transaction is an office located at 12125 SW 152nd St in Miami. The property spans 3,693 square feet and was sold for a price of $3,150,000, resulting in a price per square foot of $853.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,150,000
- Address: 12125 SW 152nd St
- Market: Miami
Nadg SW 152 LP was the buyer in this transaction, while David Martins acted as the seller.
The office sale at 12125 Southwest 152nd Street, Miami, FL, USA in Miami, Florida sold for $3.2M in 2021. The building is 3,693 square feet, implying about 853 per square foot on the published price. This page is the Miami, Florida file for the 12125 Southwest 152nd Street, Miami, FL, USA office sold: pricing, party profiles, and other closed office comps from the same Miami sit in the Market section below. Filter that Miami office set by closing date to see what else sold near 12125 Southwest 152nd Street, Miami, FL, USA around 2021. Published consideration for 12125 Southwest 152nd Street, Miami, FL, USA is $3.2M, dated 2021. Cite this Nadg SW 152 LP Acquires Office In Miami For $3.15M sale when underwriting similar office product around Miami, Florida.
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
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93