Bryan B. Deboer & Christopher S Holzshu Acquire Automotive Property In Miami, FL For $11.7M
21200 Northwest 2nd Avenue, Miami, Florida 33169, United States
$11,721,579
$299/SF
Building Size
39,127 SF
Asset Type
Retail
Closing
Jul 4, 2022
About this deal
AI
An automotive property located at 21200 NW 2nd Ave in Miami, FL was recently sold for $11,721,579. The property spans 39,127 square feet, resulting in a price per square foot of $299.58.
Summary of transaction details
- Property Type: Automotive
- Transaction Amount: $11,721,579
- Address: 21200 NW 2nd Ave, Miami, FL
- Market: Miami, FL
- Buyer: Bryan B. Deboer & Christopher S Holzshu
- Seller: William Lehman Jr
Bryan B. Deboer and Christopher S Holzshu were the buyers of this automotive property. The seller was William Lehman Jr.
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
1.35%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93