Daniel Nault & Vanessa Gomez Acquire Portfolio Sale In Edgewater For $4.2M
SOLD
$4,200,000
Florida
See Similar DealsOther12,788 SF
Sold 11/30/2021
SOLD
Daniel Nault & Vanessa Gomez Acquire Portfolio Sale In Edgewater For $4.2M
1717 N Bayshore Dr, Edgewater, Miami, FL, USA
See Similar DealsOther12,788 SF
Sold 11/30/2021
Summary
FLORIDA
Asset Type:Other
Price Per Square Foot:$328
Total Square Footage:12,788 SF
Transaction Type:Sale
An portfolio sale has been closed in Edgewater. The property, located at 1717 N Bayshore Dr, was sold for $4,200,000. It spans across 12,788 square feet, resulting in a price per square foot of $328.
Summary of transaction details
- Property Type: Portfolio
- Transaction Amount: $4,200,000
- Address: 1717 N Bayshore Dr
- Market: Edgewater
- Buyer & Seller's Representative: Daniel Nault & Vanessa Gomez - Edgewater One Real Estate
Daniel Nault and Vanessa Gomez from Edgewater One Real Estate represented both the buyer and the seller in this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$223,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
Annual Debt Service$238,921.71
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