Sandra M Reus Acquires Automotive Property In Miami, FL For $3M
1190 NW 72nd Ave, Miami, Florida 33126, United States
$3,000,000
$1,500,000/SF
Building Size
2 SF
Asset Type
Retail
Closing
Nov 14, 2022
About this deal
AI
The automotive property located at 1190 NW 72nd Ave in Miami, FL has been sold on November 14, 2022. The property spans 2,321 square feet and was sold for a price of $3,000,000. The price per square foot was calculated to be $1,292.
Summary of transaction details:
- Property Type: Automotive
- Sale Date: November 14, 2022
- Address: 1190 NW 72nd Ave, Miami, FL
- Buyer: Sandra M Reus
- Seller: Ricardo R Fonseca, III
- Sale Price: $3,000,000
- Square Footage: 2,321
- Price Per Square Foot: $1,292
The buyer of the property is Sandra M Reus, while the seller is Ricardo R Fonseca, III.
On the Map
$3,000,000
$1,500,000/SF
Retail
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Miami Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93