Epic Capital Realty Brokers $2.65M Retail Sale At Grapeland Center In Miami
930 Northwest 27th Avenue, Miami, Florida 33125, United States
$2,650,000
$229/SF
Building Size
11,550 SF
Asset Type
Retail
Closing
Apr 26, 2022
About this deal
AI
The retail property located at 930 NW 27th Ave in Grapeland Center, Miami has been sold. The property has a total square footage of 11,550 SF with a price per square foot of $229. The sale took place on April 27, 2022, with a total sale price of $2,650,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,650,000
- Address: 930 NW 27th Ave
- Market: Grapeland Center, Miami
- BROKER - Ricky Boada: Epic Capital Realty
Ricky Boada from Epic Capital Realty represented the seller, Louis R Toll, in this 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
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93