Center Academy Purchases Office Building At 4136 N Miami Ave From MV Group USA For $10.1M
4136 N Miami Ave
$10,100,000
Building Size
—
Asset Type
Office
Closing
Jul 2, 2018
About this deal
AI
The asset involved in this transaction is an office property located at 4136 N Miami Ave in Miami. It was sold for a total of $10,100,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $10,100,000.00
- Buyer: Center Academy
- Seller: MV Group USA
- Brokers: Tony Arellano, DWNTWN Realty Advisors
- Sale Date: 07/02/2018
This transaction features Center Academy as the buyer and MV Group USA as the seller. The deal was facilitated by broker Tony Arellano from DWNTWN Realty Advisors, indicating the involvement of professional representation in this closed property transaction.
On the Map
$10,100,000
Office
View full map
Players
Miami Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida office sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.57%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93