Aaron Tiram Acquires Manufacturing/Processing Property In Miami, FL For $3.5M
SOLD
Florida
See Similar DealsSingle Family Residence12,792 SF
Sold 07/07/2022
SOLD
Aaron Tiram Acquires Manufacturing/Processing Property In Miami, FL For $3.5M
12415 Northeast 13th Avenue, Miami, Florida 33161, United States
See Similar DealsSingle Family Residence12,792 SF
Sold 07/07/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$273
Total Square Footage:12,792 SF
Transaction Type:Sale
The manufacturing/processing property located at 12415 NE 13th Ave in Miami, FL was sold on July 7, 2022. The property spans a total of 12,792 square feet and was sold for a price of $3,500,000, resulting in a price per square foot of $273.
Summary of transaction details
- Property Type: Manufacturing/Processing
- Transaction Amount: $3,500,000
- Square Footage: 12,792
- Price per Square Foot: $273
Aaron Tiram purchased the property from Christopher Savits.
There is no additional information available regarding the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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