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18802 West Dixie Highway, M...

Yakov Cohen & Cheryl Cohen Acquire Other Vacant Property In Miami, FL For $7.5M
SOLDOther

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

Yakov Cohen

Buyer

$52.9M

vol

3 deals

Buyer

Bruno Bloch

Seller

$18.5M

vol

2 deals

Seller

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

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93