Alp Kucukoner Of NGI International Realty Acquires Development Site In Doral For $6M
10751 NW 25th St, Doral, FL 33172, USA
$6,000,000
$37/SF
Building Size
162,162 SF
Asset Type
Development Site
Closing
Oct 8, 2020
AI
A development site located at 10751 NW 25th Street in Doral has been sold for $6,000,000. The property spans a total square footage of 162,162, resulting in a price per square foot of $37. The transaction took place on October 9, 2020.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $6,000,000
- Address: 10751 NW 25th Street, Doral
- Market: Doral
- Seller: REMS Group
- Buyer's Rep: Alp Kucukoner - NGI International Realty
- Seller's Rep: Larry Genet, Tom O'Loughlin, & Jake Zebede - CBRE
- BSF: 162,162
- PPBSF: $37
The buyer's representative in this transaction was Alp Kucukoner from NGI International Realty. The seller was represented by Larry Genet, Tom O'Loughlin, and Jake Zebede from CBRE.
Players
Sweetwater Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93