Mario Murgado & Monica Murgado Acquire Development Site In Miami For $1.85M
SOLD
$1,850,000
National
See Similar DealsDevelopment Site
Sold 03/29/2023
SOLD
Mario Murgado & Monica Murgado Acquire Development Site In Miami For $1.85M
7260 Sw 39 Terrace, Suite A
See Similar DealsDevelopment Site
Sold 03/29/2023
Summary
Asset Type:Development Site
Transaction Type:Sale
Mario Murgado and Monica Murgado have purchased a development site in Miami. Located at 6680 SW 67 Avenue, the property was sold by Phillip Gotthold for a price of $1,850,000. The deal was facilitated by Jonathan Alfonso and Margarita Ferro, brokers from Portal Real Estate.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $1,850,000
- Buyer: Mario Murgado & Monica Murgado
- Seller: Phillip Gotthold
- Brokers: Jonathan Alfonso, Margarita Ferro - Portal Real Estate
Jonathan Alfonso and Margarita Ferro, representing Portal Real Estate, played a key role in this transaction.
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)
$98,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,572.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,769.94
Annual Debt Service$105,239.33
Is there something missing? Send suggestions