216 Corner LLC Acquires Educational Facility In Homestead For $5.1M
13330 SW 288th St, Homestead, FL, USA
$5,100,000
$191/SF
Building Size
26,596 SF
Asset Type
Other
Closing
Dec 29, 2019
AI
An educational facility located at 13330 SW 288th St in Homestead has been sold for a price of $5,100,000. The property, spanning 26,596 square feet, was sold by Aspira to the buyer, 216 Corner LLC. The transaction was facilitated by broker Achikam Yogev of Colliers International South Florida.
Summary of transaction details
- Property Type: Educational Facility
- Transaction Amount: $5,100,000
- Address: 13330 SW 288th St
- Market: Homestead
- Buyer: 216 Corner LLC
- Seller: Aspira
- Broker: Achikam Yogev - Colliers International South Florida
- Square Footage: 26,596
- Price Per Square Foot: $192
The sale of the educational facility was completed on 12/30/2019, with Achikam Yogev from Colliers International South Florida representing the buyer, 216 Corner LLC. The transaction further highlights the vibrant real estate market in Homestead.
Players
Homestead Other Market Snapshot
Boundary boundary · Other · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93