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18900 West Dixie Highway, M...

Updated Jan 30, 2024

Robert Avella & Ida Avella Acquire Automotive Property In Miami, FL For $3.98M
SOLDRetail

Robert Avella & Ida Avella Acquire Automotive Property In Miami, FL For $3.98M

18900 West Dixie Highway, Miami, Florida 33180, United States

$3,977,000

$1,262/SF

Building Size

3,150 SF

Asset Type

Retail

Closing

Apr 3, 2022

About this deal

AI

The property involved in this closed transaction is an automotive asset located at 18900 W Dixie Hwy in Miami, FL. The property spans 3,150 square feet and was sold for a price of $3,977,000, resulting in a price per square foot of $1,262.

Summary of transation details

  • Property Type: Automotive
  • Transaction Amount: $3,977,000
  • Address: 18900 W Dixie Hwy, Miami, FL
  • Square Footage: 3,150
  • Price per Square Foot: $1,262

The buyers in this transaction are Robert Avella and Ida Avella, while the seller is Isaac Wakszol.

Players

Isaac Wakszol

Seller

$8M

vol

2 deals

Seller

Miami Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $4M for 3,150 square feet (2022).

Visit Isaac Wakszol to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.99%

Cash-on-Cash

-1.14%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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