Remy Jacobson Acquires Office Property At 4141 N Miami Ave For $10.5M From MV Group USA
SOLD
$10,500,000
Florida
See Similar DealsOffice
Sold 04/20/2016
SOLD
Remy Jacobson Acquires Office Property At 4141 N Miami Ave For $10.5M From MV Group USA
4141 N Miami Ave
See Similar DealsOffice
Sold 04/20/2016
Summary
FLORIDA
Asset Type:Office
Transaction Type:Sale
The property asset involved in this transaction is an office located at 4141 N Miami Ave in the Miami market. The sale was completed on April 20, 2016, with a total transaction amount of $10,500,000.00. This deal reflects the market's ongoing activity in office assets.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $10,500,000.00
- Address: 4141 N Miami Ave
- Market: Miami
- Buyer: Remy Jacobson
- Seller: MV Group USA and One Fountainhead Center
- Brokers: Tony Arellano - DWNTWN Realty Advisors
In this transaction, Remy Jacobson acted as the buyer while MV Group USA and One Fountainhead Center were the sellers. The deal was facilitated by broker Tony Arellano, representing the buyer in this significant property acquisition.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$559,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$37,304.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,775.36
Annual Debt Service$597,304.28
Is there something missing? Send suggestions