Updated Dec 19, 2023
Rene Hernandez & Jessica Hernandez Acquire Industrial Property In Hialeah, FL For $4.2M
2290 West 77th Street, Hialeah, Florida 33016, United States
$4,200,000
$196/SF
Building Size
21,423 SF
Asset Type
Industrial
Closing
Apr 20, 2022
About this deal
AI
The industrial property located at 2290 W 77th St in Hialeah, FL was recently sold in a transaction that took place on April 21, 2022. The property spans a total of 21,423 square feet and was sold for a price of $4,200,000, resulting in a price per square foot of $196.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $4,200,000
- Address: 2290 W 77th St, Hialeah, FL
- Market: Hialeah, FL
- Square Footage: 21,423
- Buyer: Rene Hernandez & Jessica Hernandez
- Seller: Rene Vivo Jr
The buyers of the property are Rene Hernandez and Jessica Hernandez. On the other hand, Rene Vivo Jr acted as the seller in this transaction.
On the Map
$4,200,000
$196/SF
Industrial
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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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93