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6450 NW 77th Ct

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SOLD
$4,099,999

Florida

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Warehouse
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SOLD

6450 NW 77th Ct

6450 NW 77th Ct, Miami, FL, 33166

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Warehouse
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Summary

FLORIDA
Asset Type:Warehouse
Transaction Type:Sale

The property asset involved in the transaction is a multi-tenant industrial building located at 6450 NW 77th Ct, Miami, FL, 33166. The building spans a ±40,511-square-foot lot and comprises nine (9) bays. The transaction price was set at $4,099,999.00 within the Miami market.

Summary of transaction details:

  • Property Type: Industrial Building
  • Transaction Amount: $4,099,999.00
  • Address: 6450 NW 77th Ct, Miami, FL, 33166
  • Market: Miami
  • Buyer: Rene Hernandez
  • Seller: 6450 Building, LLC
  • Buyer's Representative: Alex Shather - Politan Real Estate
  • Seller's Representative: Alexander Bernaldo

Raul Bode and Alexander Bernaldo, SIOR, represented the seller in this transaction, while Alex Shather of Politan Real Estate LLC took on the role of representing the buyer. The deal highlights their professional roles in facilitating the transaction of this industrial asset.

Players

8 deals$115.6M volume
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4 deals$14.9M volume(858) 755-0075
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Details

SOLD
IMAGE: 6450 NW 77th Ct, Miami, FL, 33166 MARKET: Miami BUYER'S REP: Alex Shather -Politan Real Estate SELLER'S REP: Alexander Bernaldo BUYER: Rene Hernandez SELLER: 6450 Building, LLC PRICE: $4,099,999.00 SF: 0

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$218,666.61

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,566.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.04