Hsalo Yuan Chang Purchases Retail Asset In Miami Gardens For $2.65M From Richard Abuawas
SOLD
$2,650,000
Florida
See Similar DealsRetail7,890 SF
Sold
SOLD
Hsalo Yuan Chang Purchases Retail Asset In Miami Gardens For $2.65M From Richard Abuawas
19850 Northwest 27th Avenue
See Similar DealsRetail7,890 SF
Sold
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$335
Total Square Footage:7890 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 19850 Northwest 27th Avenue in Miami Gardens. The sale price of the property was $2,650,000, and it encompasses a total square footage of 7,890, equating to a price per square foot of $335.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,650,000
- Address: 19850 Northwest 27th Avenue
- Market: Miami Gardens
- Square Footage: 7,890
- Price Per Square Foot: $335
- Buyer: Hsalo Yuan Chang
- Seller: Richard Abuawas
- Seller's Representatives: Ronnie Issenberg, Gabriel Britti, and Ricardo Esteves - Marcus & Millichap
The individuals involved in the deal include the buyer, Hsalo Yuan Chang, and the seller, Richard Abuawas. The transaction was represented by Ronnie Issenberg, Gabriel Britti, and Ricardo Esteves from Marcus & Millichap, ensuring that the sale was facilitated by experienced professionals in the real estate sector.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$141,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,414.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,562.35
Annual Debt Service$150,748.22
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