Keyes Company Brokers Sell Office Building In Doral For $4.7M
2161 Northwest 97th Avenue
$4,700,000
$830/SF
Building Size
5,658 SF
Asset Type
Office
Closing
Apr 14, 2023
About this deal
AI
Located at 2161 Northwest 97th Avenue in the bustling market of Doral, this office space was recently sold in a transaction handled by brokers Tony Ulloa and Marcos Macías from The Keyes Company. The property spans 5,658 square feet and was sold for a price of $4,700,000, resulting in a price per square foot of $831.
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: $4,700,000
- Square Footage: 5,658
- Price per Square Foot: $831
In this transaction, seller John Garcia enlisted the expertise of Tony Ulloa and Marcos Macías from The Keyes Company to facilitate the successful sale of the office property in Doral. The involvement of these experienced brokers added value to the deal and ensured a smooth transaction for all parties involved.
On the Map
$4,700,000
$830/SF
Office
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Players
Market 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
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93