Updated Oct 29, 2024
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
About this deal
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.
On the Map
$6,000,000
$37/SF
Development Site
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Players
Sweetwater Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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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