Care Resource Community Health Centers Acquires Office Building In Little Havana For $5.4M
1800 Southwest First Street
$5,400,000
$16/SF
Building Size
324,080 SF
Asset Type
Office
Closing
Jun 18, 2020
AI
An office property located at 1800 Southwest First Street in the Little Havana market has been sold for $5,400,000. The property spans 32,408 square feet, resulting in a price per square foot of $166.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,400,000
- Square Footage: 32,408
- Price per Square Foot: $166
- Address: 1800 Southwest First Street
- Market: Little Havana
Care Resource Community Health Centers is the buyer of the office property, while Mohammad Siddiq Khan and Ghazala Bilqees are the sellers. The transaction was facilitated by brokers Carlos Fausto Miranda and Alessandro Lima of Fausto Commercial, along with Manuel Perez of Keyes Company.
Players
Blue Springs Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93