Heriberto Cazanas & Magaly Sosa Acquire Vacant Property In Miami, FL For $2.825M
8201 Southwest 58th Street, Miami, Florida 33143, United States
$2,825,000
$431/SF
Building Size
6,550 SF
Asset Type
Other
Closing
Mar 27, 2022
About this deal
AI
The property involved in this closed transaction is an Other Vacant asset located at 8201 SW 58th St in Miami, FL. The transaction took place on 03/28/2022. The property was sold by Ernesto Gonzalez to Heriberto Cazanas & Magaly Sosa for a price of $2,825,000.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $2,825,000
- Address: 8201 SW 58th St, Miami, FL
- Market: Miami, FL
Heriberto Cazanas & Magaly Sosa acted as the buyers in this transaction, while Ernesto Gonzalez was the seller.
On the Map
$2,825,000
$431/SF
Other
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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
5.62%
Cash-on-Cash
-1.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93