Alain Rodriguez Of SHR Communications Acquires Office In Miami For $5.2M With Grecsys Rios As Buyer's Representative
SW 22 St
$5,200,000
$164/SF
Building Size
31,681 SF
Asset Type
Office
Closing
Aug 20, 2024
AI
The asset involved in this transaction is an office property located at 2150 SW 22ND ST in Miami. The sale price for the property was $5,200,000, and it encompasses a total square footage of 31,681, resulting in a price per square foot of $164.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,200,000
- Address: 2150 SW 22ND ST
- Market: Miami
- Square Footage: 31,681
- Price per Square Foot: $164
- Buyer: Alain Rodriguez - SHR Communications
- Buyer's Representative: Grecsys Rios - One Stop Realty Center
Alain Rodriguez of SHR Communications was the buyer in this transaction. The deal was facilitated by Grecsys Rios, who represented the buyer through One Stop Realty Center, ensuring the transaction proceeded smoothly.
Shenandoah 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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93