Updated Dec 18, 2023
Luis Jimenez Acquires Warehouse In Hialeah, FL For $7.95M
13955 NW 60th Ave, Hialeah, FL 33014
$7,950,000
$203/SF
Building Size
39,089 SF
Asset Type
Industrial
Closing
May 10, 2022
About this deal
AI
A warehouse located at 13955 NW 60th Ave in Hialeah, FL has been sold in a recent transaction. The property spans 39,089 square feet and was sold for a total price of $7,950,000, resulting in a price per square foot of $203.
Summary of transaction details
- Property Type: Warehouse
- Transaction Amount: $7,950,000
- Address: 13955 NW 60th Ave, Hialeah, FL
- Market: Hialeah, FL
- Square Footage: 39,089
- Price per Square Foot: $203
The buyer of the warehouse is Luis Jimenez, while Frederik Vandermarliere and Cory Bappert are the sellers involved in the transaction.
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
2.00%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93