Updated Sep 9, 2024
Gustavo Cordoba & Nelson Caballero Acquire Industrial Property In Hialeah For $2.83M
2101 W 4th Ave Hialeah, FL 33010, USA
$2,830,000
$218/SF
Building Size
12,926 SF
Asset Type
Industrial
Closing
Jun 9, 2023
About this deal
AI
The industrial property located at 2101 West 4th Avenue in Hialeah has been sold for a total price of $2,830,000. The property spans across 12,926 square feet, resulting in a price per square foot of $219. The lot size is 16,381 square feet, with a price per lot square foot of $173.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,830,000
- Square Footage: 12,926
- Price Per Square Foot: $219
- Lot Size: 16,381
- Price Per Lot Square Foot: $173
Gustavo Cordoba and Nelson Caballero have acquired the property from Elliot Alchek and Fred Alchek. Orlando Fuentes from London Foster Realty represented the buyers, while Adriano Salucci and Felipe Escobar from APEX Capital Realty represented the sellers.
Players
Miami 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
5.61%
Cash-on-Cash
-1.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93