Updated Oct 29, 2024
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
About this deal
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.
On the Map
$13,100,000
$8/SF
Industrial
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Players
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
1.21%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93