Alex Gonzalez Acquires Industrial Asset At 225 West 21st Street Hialeah For $2.25M
225 West 21st Street
$2,250,000
$213/SF
Building Size
10,536 SF
Asset Type
Industrial
Closing
Sep 14, 2025
AI
The property asset involved in this transaction is an industrial facility located at 225 West 21st Street in Hialeah. The sale was concluded on September 15, 2025, with a transaction amount of $2,250,000. The property encompasses a total square footage of 10,536 and achieved a price per square foot of $213.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,250,000
- Address: 225 West 21st Street
- Market: Hialeah
- Square Footage: 10,536
- Price Per Square Foot: $213
- Buyer: Alex Gonzalez
- Seller: Maria Jimenez
- Brokers: Eddie Toledo, Jonathan De La Rosa & Nicholas Hassan - Marcus & Millichap
This transaction was facilitated by brokers Eddie Toledo, Jonathan De La Rosa, and Nicholas Hassan, representing Maria Jimenez as the seller. The buyer, Alex Gonzalez, engaged in the acquisition of the industrial asset through the broker team noted above, highlighting their role in executing the deal effectively.
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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93