Yakov Cohen & Cheryl Cohen Acquire Other Vacant Property In Miami, FL For $7.5M
18802 West Dixie Highway, Miami, Florida 33180, United States
$7,500,000
Building Size
—
Asset Type
Other
Closing
Mar 15, 2022
AI
The vacant property located at 18802 W Dixie Hwy in Miami, FL was recently sold in a transaction on March 16, 2022. The property, classified as Other Vacant, was sold for a total price of $7,500,000. The buyer, Yakov Cohen & Cheryl Cohen, purchased the property from the seller, Bruno Bloch.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $7,500,000
- Date: 03/16/2022
- Address: 18802 W Dixie Hwy
- Market: Miami, FL
Yakov Cohen & Cheryl Cohen acted as the buyers in this transaction, acquiring the vacant property from Bruno Bloch. The deal was successfully closed, with the property changing ownership for the agreed-upon price of $7,500,000.
Players
Miami 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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93