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Mark Feldman Sells Industrial Property At 2605 West 6th Avenue Hialeah For $2.85M

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SOLD
$2,850,000

Florida

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Industrial13,862 SF
Sold 11/05/2024
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Property Image
SOLD

Mark Feldman Sells Industrial Property At 2605 West 6th Avenue Hialeah For $2.85M

2605 West 6th Avenue

See Similar Deals
Industrial13,862 SF
Sold 11/05/2024
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$205
Total Square Footage:13,862 SF
Transaction Type:Sale

The industrial property located at 2605 West 6th Avenue in Hialeah has been sold for $2,850,000. This asset encompasses 13,862 square feet, translating to a price per square foot of $205. The transaction reflects the ongoing interest in the industrial real estate sector in Florida.

Summary of transaction details:

The individuals representing the deal include Raul Pino, Junior Ferrer, and Pablo Vignolo from The Hype Real Estate Group. They have a focus on identifying off-market and competitively priced opportunities across various sectors in Florida, including industrial, retail, land, and multifamily.

Players

Raul Pino
50 deals$344.4M volume
BROKER

Junior Ferrer
The Hype Real Estate Group
7 deals$34.7M volume(786) 617-4006
BROKER

Pablo Vignolo
The Hype Real Estate Group
43 deals$285.6M volume
BROKER

Details

SOLD
IMAGE: Pablo Vignolo, Junior Ferrer & Raul Pino DATE: 11/05/2024 ADDRESS: 2605 West 6th Avenue MARKET: Hialeah ASSET TYPE: Industrial SELLER: Mark Feldman BROKERS: Raul Pino (@Thewolfofsouthfl), Junior Ferrer (@JNACommercial) & Pablo Vignolo (@Hypepabs) - The Hype Real Estate Group (@TheHypeRealEstateGroup) SALE PRICE: $2,850,000 SF: 13,862 ~ PPSF: $205 NOTE FROM BROKER: At The Hype Real Estate Group, we pride ourselves on finding off-market and well-priced opportunities throughout Florida. We're always working on new deals in the industrial, retail, land, and multifamily sectors, and we'd love to help you find the right fit. Reach out anytime to learn more about the properties we're currently working on, and let's make your next deal happen! Junior Ferrer: 786 617-4006 | Pablo Vignolo: 305-303-3837 | Raul Pino: 786-503-5583

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$151,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,125.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,510.45
Annual Debt Service$162,125.45