Alp Kucukoner Of NGI International Realty Acquires Development Site In Doral For $6M
SOLD
National
See Similar DealsDevelopment Site162,162 SF
Sold 10/09/2020
SOLD
Alp Kucukoner Of NGI International Realty Acquires Development Site In Doral For $6M
10751 NW 25th St, Doral, FL 33172, USA
See Similar DealsDevelopment Site162,162 SF
Sold 10/09/2020
Summary
Asset Type:Development Site
Price Per Square Foot:$37
Total Square Footage:162,162 SF
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$319,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,316.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,443.06
Annual Debt Service$341,316.73
Is there something missing? Send suggestions