Bryan B. Deboer & Christopher S Holzshu Acquire Automotive Property In Miami, FL For $11.7M
SOLD
Florida
See Similar DealsRetail39,127 SF
Sold 07/05/2022
SOLD
Bryan B. Deboer & Christopher S Holzshu Acquire Automotive Property In Miami, FL For $11.7M
21200 Northwest 2nd Avenue, Miami, Florida 33169, United States
See Similar DealsRetail39,127 SF
Sold 07/05/2022
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$299
Total Square Footage:39,127 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$625,150.87
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$41,644.30
Cash-on-Cash Return-1.27%
Monthly Debt Service$55,566.26
Annual Debt Service$666,795.17
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