SOLDRetail
Manny Chamizo & Elissa Chamizo Acquire Miami Store For $2.2M
4251 Southwest 72nd Street, Miami, Florida 33143, United States
$2,200,000
$281/SF
Building Size
7,830 SF
Asset Type
Retail
Closing
Apr 19, 2022
About this deal
AI
The store located at 4251 SW 72nd Ave in Miami, FL has been sold. The property spans 7,830 square feet and was sold for a price of $2,200,000. The price per square foot was calculated at $281.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $2,200,000
- Address: 4251 SW 72nd Ave, Miami, FL
- Square Footage: 7,830
- Sale Date: 04/20/2022
- Buyer: Manny Chamizo & Elissa Chamizo
- Seller: Natalie S. Packman
- Price per Square Foot: $281
Manny Chamizo and Elissa Chamizo were the buyers in this transaction, while Natalie S. Packman was the seller.
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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93