Updated Oct 29, 2024
DYJM Investments Acquires Industrial Property In Hialeah For $4.5M
3130 W 15th Ave, Hialeah, FL 33012, USA
$4,500,000
$120/SF
Building Size
37,422 SF
Asset Type
Industrial
Closing
Sep 6, 2020
About this deal
AI
An industrial property located at 3130 W 15 Ave in Hialeah was recently sold for $4,500,000. The property spans 37,422 square feet, resulting in a price per square foot of $120.25. The transaction took place on September 7, 2020.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,500,000
- Square Footage: 37,422
- Price per Square Foot: $120.25
- Address: 3130 W 15 Ave
- Market: Hialeah
The buyer of the property is DYJM Investments LLC, while the seller is Damos USA LLC. The buyer was represented by Reshma Parvani from Parvani Commercial, and the seller was represented by Luis Dominguez from Douglas Elliman and Karl Hueck from Compass.
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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93