Updated Oct 29, 2024
Advenir Inc Acquires Property In Miami For $59.75 Million With James Quinn As Seller's Rep
10495 SW 14th Terrace, Miami, FL, 33...
$59,750,000
Building Size
—
Asset Type
Single Family
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 10495 SW 14th Terrace, Miami, FL, with a transaction price of $59,750,000. The total square footage of the property is not specified. The property is situated in the Miami market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $59,750,000.00
- Address: 10495 SW 14th Terrace, Miami, FL
- Market: Miami
- Seller's Representative: James Quinn - Cushman & Wakefield
- Buyer: Advenir Inc
James Quinn from Cushman & Wakefield represented the seller during this transaction. The buyer, Advenir Inc, was responsible for the acquisition of the property. This deal showcases the involvement of established representatives within the Miami real estate market.
On the Map
$59,750,000
Single Family
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Players
Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.27%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93