Bomnin Automotive Acquires Auto Dealership In South Dade For $19M
1075 SE 6th Ave, Homestead, FL 33034, USA
$19,000,000
$312/SF
Building Size
60,870 SF
Asset Type
Other
Closing
Jun 14, 2020
About this deal
AI
An auto dealership located at 1075 SE 6th Ave in South Dade has been sold for $19,000,000. The property spans across a total of 60,870 square feet, resulting in a price per square foot of $312.
Summary of transaction details
- Property Type: Auto Dealership
- Transaction Amount: $19,000,000
- Address: 1075 SE 6th Ave
- Market: South Dade
- Square Footage: 60,870
- Price Per Square Foot: $312
The buyer of the property is Bomnin Automotive, represented by Arnaldo Bomnin.
The other sale at 1075 SE 6th Ave, Homestead, FL 33034, USA in Homestead, Florida sold for $19M in 2020. The building is 60,870 square feet, implying about 312 per square foot on the published price. This page is the Homestead, Florida file for the 1075 SE 6th Ave, Homestead, FL 33034, USA other sold: pricing, party profiles, and other closed other comps from the same Homestead sit in the Market section below. Filter that Homestead other set by closing date to see what else sold near 1075 SE 6th Ave, Homestead, FL 33034, USA around 2020. Published consideration for 1075 SE 6th Ave, Homestead, FL 33034, USA is $19M, dated 2020. Cite this Bomnin Automotive Acquires Auto Dealership In South Dade For $19M sale when underwriting similar other product around Homestead, Florida.
Players
Homestead Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida other sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93