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Aaron Tiram Acquires Automotive Property In Miami For $3.55M

Property Image
SOLD
$3,550,000

Florida

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Retail3,312 SF
Sold 08/30/2022
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Property Image
SOLD

Aaron Tiram Acquires Automotive Property In Miami For $3.55M

19218 West Dixie Highway, Miami, Florida 33180, United States

See Similar Deals
Retail3,312 SF
Sold 08/30/2022
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$1,071
Total Square Footage:3,312 SF
Transaction Type:Sale

An automotive property located at 19218 W Dixie Hwy in Miami, FL was recently sold for $3,550,000. The property spans 3,312 square feet, resulting in a price per square foot of $1,071.

Summary of transaction details:

  • Property Type: Automotive
  • Transaction Amount: $3,550,000

The buyer of the property was Aaron Tiram, while the seller was David Blatt.

Players

AT
Aaron Tiram
3 deals$15.1M volume
BUYER

Details

SOLD
IMAGE: 08/30/2022 ADDRESS: 19218 W Dixie Hwy MARKET: Miami, FL ASSET TYPE: Automotive BUYER: Aaron Tiram SELLER: David Blatt PRICE: $3,550,000 SF: 3,312 ~ PPSF: $1,071

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$189,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,612.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,828.81
Annual Debt Service$201,945.73