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1100 East 41st Street, Hial...

Yoseph Kotler Acquires Industrial Property In Hialeah For $19M
SOLDIndustrial

Yoseph Kotler Acquires Industrial Property In Hialeah For $19M

1100 East 41st Street, Hialeah, Florida 33013, United States

$19,000,000

$126,666/SF

Building Size

150 SF

Asset Type

Industrial

Closing

Nov 30, 2022

AI

The industrial property located at 1100 East 41st Street, 4005, 3965 & 3925 East 10th Court in Hialeah, with an area of 5.9 acres, has been sold for a price of $19,000,000. The property spans 150,000 square feet, translating to a price per square foot of $127. The sale transaction was completed on November 30, 2022.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $19,000,000
  • Market: Hialeah
  • Address: 1100 East 41st Street, 4005, 3965 & 3925 East 10th Court
  • Acres: 5.9

The buyer of this property was Yoseph Kotler, while the seller was Treo Group, represented by Otto Boudet-Murias. The lender for this transaction was Banesco USA.

Players

Otto Boudet-Murias

Treo Group

Seller

$157.8M

vol

3 deals

Seller

Hialeah Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.83%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93