Updated Dec 21, 2023
Javier Heguilen Acquires Industrial Property In Hialeah For $1.7M
1165 E 24th St, Hialeah, FL 33013
$1,700,000
$157/SF
Building Size
10,800 SF
Asset Type
Industrial
Closing
Feb 24, 2022
About this deal
AI
An industrial property located at 1165 E 24th St in Hialeah was recently sold in a closed transaction. The property spans approximately 10,800 square feet and was listed for sale in the market. The transaction took place on February 25, 2022, with a sale price of $1,700,000. The buyer, Javier Heguilen, acquired the property from the seller, Asriel Sebastian.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $1,700,000
- Address: 1165 E 24th St, Hialeah
- Market: Hialeah
Raul Pino from The Hype Real Estate Group represented the buyer, Javier Heguilen, in this transaction. As the Owner and Managing Principal of The Hype Real Estate Group, Raul Pino takes pride in sourcing off-market deals for investors and owner users. This deal was sourced directly and represented the buyer. The Hype Real Estate Group specializes in off-market deals in Florida, The Carolinas, Georgia, and Texas. For those seeking off-market opportunities in these areas, it is recommended to reach out to The Hype Real Estate Group.
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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93