6450 NW 77th Ct
6450 NW 77th Ct, Miami, FL, 33166
$4,099,999
Building Size
—
Asset Type
Warehouse
Closing
Nov 19, 2023
About this deal
AI
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.
On the Map
$4,099,999
Warehouse
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Players
Miami Warehouse Market Snapshot
Boundary boundary · Warehouse · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93