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EverWest Real Estate Investors Acquires Industrial Property In Hialeah Gardens For $43.15M

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SOLD
$43,150,000

Florida

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Industrial164,298 SF
Sold 06/21/2022
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SOLD

EverWest Real Estate Investors Acquires Industrial Property In Hialeah Gardens For $43.15M

10900 NW 146th St, Hialeah Gardens, FL 33018

See Similar Deals
Industrial164,298 SF
Sold 06/21/2022
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$262
Total Square Footage:164,298 SF
Transaction Type:Sale

Located in Hialeah Gardens, an industrial property located at 10900 NW 146th St has been sold for $43,150,000. The sale was facilitated by Joseph Sasson and Roberto Susi of Axiom Capital Advisors, representing the buyer EverWest Real Estate Investors, and Ralph Merritt of Commercial Property Group, representing the seller Flightway Fifteen. The property encompasses a total area of 164,298 square feet, with a price per square foot of $263. The lot size spans 368,518 square feet, resulting in a price per square foot of $117.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $43,150,000
  • Address: 10900 NW 146th St
  • Market: Hialeah Gardens
  • Buyer: EverWest Real Estate Investors - Tyler Williams
  • Seller: Flightway Fifteen - Haydee Ceballos Vazquez
  • Buyer's Rep: Jose Sasson & Roberto Susi - Axiom Capital Advisors
  • Seller's Rep: Ralph Merritt - Commercial Property Group
  • Square Footage: 164,298
  • Price per Square Foot: $263
  • Lot Size: 368,518 square feet
  • Price per Lot Square Foot: $117

If you are interested in similar off-market transactions, please contact Jose Sasson at 786-393-8089 or [email protected] for future opportunities.

Players

Jose Sasson Lerner
75 deals$827.5M volume(786) 393-8089
BROKER

Roberto Susi
AXIOM Capital Advisors
69 deals$870.7M volume
BROKER

Ralph Merritt
2 deals$74.7M volume(305) 477-8100
BROKER

EverWest Real Estate Investors
BUYER

Details

SOLD
IMAGE: Jose Sasson & Roberto Susi DATE: 06/21/2022 ADDRESS: 10900 NW 146th St MARKET: Hialeah Gardens ASSET TYPE: Industrial BUYER: EverWest Real Estate Investors - Tyler Williams SELLER: Flightway Fifteen - Haydee Ceballos Vazquez BUYER'S REP: Jose Sasson & Roberto Susi (@RSusi29) - Axiom Capital Advisors SELLER'S REP: Ralph Merritt - Commercial Property Group (@RECPG) SALE PRICE: $43,150,000 SF: 164,298 ~ PPSF: $263 LOT SF: 368,518 ~ PPLSF: $117 NOTE: We specialize in sourcing and facilitating off-market transactions, please feel free to reach out to Jose Sasson @ 786-393-8089 or [email protected] for future opportunities.

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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$153,302.85
Cash-on-Cash Return-1.27%
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