EverWest Acquires Industrial Property In Hialeah, Florida For $13.1M
1101 E 33rd St, Hialeah, FL 33013, USA
$13,100,000
$8/SF
Building Size
1,600,000 SF
Asset Type
Industrial
Closing
Oct 19, 2020
AI
The industrial property located at 1101 East 33rd Street in Hialeah, Florida has been sold for a total price of $13,100,000. The property spans across 160,000 square feet, resulting in a price per square foot of $81.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $13,100,000
- Square Footage: 160,000
- Price per Square Foot: $81
- Address: 1101 East 33rd Street, Hialeah, Florida
- Market: Hialeah, Florida
The buyer for this transaction is EverWest. The deal was facilitated by Andrew Gurewitsch and Vincent Pastore from Metro1CRE representing EverWest.
Players
Hialeah Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.21%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93