Chen Yuni Purchases Office Property In Coral Gables From Anais Badia For $3.35M
SOLD
$3,350,000
Florida
See Similar DealsOffice3,958 SF
Sold 07/24/2024
SOLD
Chen Yuni Purchases Office Property In Coral Gables From Anais Badia For $3.35M
2344 Southwest 37th Avenue
See Similar DealsOffice3,958 SF
Sold 07/24/2024
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$846
Total Square Footage:3,958 SF
Transaction Type:Sale
This office property, located at 2344 Southwest 37th Avenue in the Coral Gables market, has a sale price of $3,350,000 and covers an area of 3,958 square feet, giving a price per square foot of $846.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,350,000
- Buyer: Chen Yuni
- Seller: Anais Badia
- Broker: Andres Perez-Cervera - Compass
Andres Perez-Cervera represented both the buyer and seller in this off-market transaction. He invites inquiries regarding current off-market inventory for potential buyers.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$178,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,901.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,880.71
Annual Debt Service$190,568.51
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