Tirso Alonso & Alexander D. Casas Acquire School In Miami For $4M
2636 SW 144th Ave, Miami, FL, USA
$4,000,000
$391/SF
Building Size
10,222 SF
Asset Type
Other
Closing
Jul 7, 2021
About this deal
AI
The property involved in this transaction is a school located at 2636 SW 144th Ave in Miami. The sale took place on 07/08/2021. The property spans an area of 10,222 square feet and was sold for a price of $4,000,000. The price per square foot comes out to be $391.
Summary of transaction details
- Property Type: School
- Transaction Amount: $4,000,000
- Buyer: Tirso Alonso & Alexander D. Casas
- Seller: Rolando Mir
- Address: 2636 SW 144th Ave, Miami
- Market: Miami
- Square Footage: 10,222
- Price per Square Foot: $391
The buyers of the school property are Tirso Alonso & Alexander D. Casas, while the seller is Rolando Mir.
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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93