Bryan B. Deboer & Christopher S Holzshu Acquires Automotive Property In Miami For $2.69M
20950 Northwest 2nd Avenue, Miami, Florida 33127, United States
$2,690,000
$229/SF
Building Size
11,711 SF
Asset Type
Retail
Closing
Jul 4, 2022
AI
The automotive property located at 20950 NW 2nd Ave in Miami, FL has been sold. The transaction took place on July 5, 2022. The property spans a total of 11,711 square feet and was sold at a price of $2,690,000, resulting in a price per square foot of $229. The buyer of the property is Bryan B. Deboer & Christopher S Holzshu, while the seller is William Lehman Jr.
Summary of transaction details
- Property Type: Automotive
- Transaction Amount: $2,690,000
- Square Footage: 11,711
- Price per Square Foot: $229
- Address: 20950 NW 2nd Ave, Miami, FL
- Market: Miami, FL
The deal was facilitated by William Lehman Jr as the seller, while Bryan B. Deboer & Christopher S Holzshu acted as the buyer's representatives in the transaction.
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
5.90%
Cash-on-Cash
-1.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93