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4710 Northwest 37th Avenue,...

Avra Jain Acquires Manufacturing/Processing Property In Miami, FL From Guillermo Suarez For $5.5M
SOLDSingle Family Residence

Avra Jain Acquires Manufacturing/Processing Property In Miami, FL From Guillermo Suarez For $5.5M

4710 Northwest 37th Avenue, Miami, Florida 33142, United States

$5,500,000

$279/SF

Building Size

19,697 SF

Asset Type

Single Family Residence

Closing

Jul 19, 2022

AI

The manufacturing/processing property located at 4710 NW 37th Ave in Miami, FL was sold on 07/20/2022. The transaction took place between buyer Avra Jain and seller Guillermo Suarez. The property spans 19,697 square feet and was sold for a price of $5,500,000, resulting in a price per square foot of $279.

Summary of transaction details

  • Property Type: Manufacturing/Processing
  • Transaction Amount: $5,500,000
  • Address: 4710 NW 37th Ave, Miami, FL
  • Square Footage: 19,697
  • Buyer: Avra Jain
  • Seller: Guillermo Suarez

Avra Jain represented herself in the deal, while Guillermo Suarez acted as his own representative. No additional information was provided regarding loan amounts or any notable factors influencing the transaction.

Players

Avra Jain

Buyer

$76.2M

vol

12 deals

Buyer

Hialeah Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93