WHC Holdings, Inc. Acquires Retail Property In Miami For $5.3M
12125 Southwest 152nd Street, Miami, Florida 33177, United States
$5,300,000
$1,472/SF
Building Size
3,600 SF
Asset Type
Retail
Closing
Mar 17, 2022
About this deal
AI
The retail property located at 12125 SW 152nd St in Miami has been sold in a closed transaction. The property spans across 1.14 acres and was sold for a price of $5,300,000. The transaction took place on 03/18/2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,300,000
- Address: 12125 SW 152nd St, Miami
- Market: Miami
- Acres: 1.14
The buyer of the property is WHC Holdings, Inc., while the seller was a 1031 exchange. The deal was facilitated by brokers William Wamble and Patrick Nutt from SRS Real Estate Partners. The property measures 3,600 square feet, resulting in a price per square foot of $1,472. The cap rate for the transaction is 6%.
Players
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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93