Universidad Albizu O Acquires Office Building In Miami For $3.95M
9770 NW 25th St, Miami, Florida, USA
$3,950,000
$719/SF
Building Size
5,491 SF
Asset Type
Office
Closing
Nov 22, 2021
About this deal
AI
An office building located at 9770 NW 25th St in Miami, FL has been sold for $3,950,000. The property spans 5,491 square feet, resulting in a price per square foot of $719.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $3,950,000
- Square Footage: 5,491
- Price per Square Foot: $719
- Address: 9770 NW 25th St, Miami, FL
- Buyer: Universidad Carlos Albizu or Albizu University or UCA or CAU Inc
- Seller: Badia Spices Inc
The buyer of the office building is Universidad Carlos Albizu, also known as Albizu University, UCA, or CAU Inc. The seller is Badia Spices Inc.
On the Map
$3,950,000
$719/SF
Office
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93