SOLDOffice
Sunset Mgmt Llc Acquires Office Building In Miami For $3.65M
6301 SW 72nd St, Miami, Florida, USA
$3,650,000
$381/SF
Building Size
9,560 SF
Asset Type
Office
Closing
Dec 2, 2021
About this deal
AI
An office building located at 6301 SW 72nd St in Miami, FL was recently sold in a transaction on December 3, 2021. The property, spanning 9,560 square feet, was sold for a total price of $3,650,000, resulting in a price per square foot of $382.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $3,650,000
- Square Footage: 9,560
- Price per Square Foot: $382
- Address: 6301 SW 72nd St, Miami, FL
The buyer of the office building is Sunset Mgmt LLC, while the seller is Terahen Inc.
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
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93