Tirso Alonso, Alexander D. Casas & Joanna Noriega Acquire School In Miami For $13.5M
14880 SW 26th St, Miami, FL, USA
$13,500,000
$342/SF
Building Size
39,395 SF
Asset Type
Other
Closing
Sep 29, 2021
About this deal
AI
The sale of a school property located at 14880 SW 26th St in Miami has been completed. The property spans a total of 39,395 square feet and was sold for a price of $13,500,000, resulting in a price per square foot of $342.
Summary of transaction details
- Property Type: School
- Transaction Amount: $13,500,000
- Square Footage: 39,395
- Address: 14880 SW 26th St, Miami
The buyer of this school property is Tirso Alonso, Alexander D. Casas, and Joanna Noriega. They have acquired the property from the seller, Mario Castellanos.
Players
Miami Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93