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Aeroservicios USA, Inc. Acquires Industrial Property In Hialeah, Miami For $5.3M

Property Image
SOLD
$5,300,000

Florida

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Industrial31,720 SF
Sold 10/01/2021
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Property Image
SOLD

Aeroservicios USA, Inc. Acquires Industrial Property In Hialeah, Miami For $5.3M

3300 Northwest 67th Street, Hialeah, Miami-Dade County, FL, USA

See Similar Deals
Industrial31,720 SF
Sold 10/01/2021
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$167
Total Square Footage:31,720 SF
Transaction Type:Sale

An industrial property located at 3300 NW 67th Street in Hialeah, Miami, has been sold for a price of $5,300,000. The property spans across 31,720 square feet, with a price per square foot of $167. The transaction took place on October 1, 2021, and the buyer is Aeroservicios USA, Inc., while the seller is Harold Miller.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $5,300,000
  • Address: 3300 NW 67th Street, Hialeah, Miami
  • Market: Hialeah, Miami
  • Buyer: Aeroservicios USA, Inc.
  • Seller: Harold Miller

The deal was facilitated by the Miami Industrial Team of CBRE, represented by brokers Andrew Fernandez, Devin White, and David Albert.

Players

Devin White
21 deals$448.9M volume(305) 610-0422
BROKER

David Albert
CBRE
9 deals$59.7M volume
BROKER

Andrew Fernandez
Re/Max
10 deals$35.9M volume
BROKER

Details

SOLD
IMAGE: Andrew Fernandez, Devin White & David Albert DATE: 10/01/2021 ADDRESS: 3300 NW 67th Street MARKET: Hialeah, Miami ASSET TYPE: Industrial BUYER: Aeroservicios USA, Inc. SELLER: Harold Miller BROKERS: Andrew Fernandez (@AndrewlF_), Devin White (@DevWhite1) & David Albert - Miami Industrial Team (@MiamiIndustrialTeam) - CBRE SALE PRICE: $5,300,000 SF: 31,720 ~ PPSF: $167

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

$282,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,829.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,124.70
Annual Debt Service$301,496.45