Updated Dec 21, 2023
Carlos Ed Acquires Industrial Property In Hialeah For $2.1M
3552 East 10th Court, Hialeah, Florida 33013, United States
$2,125,000
$160/SF
Building Size
13,236 SF
Asset Type
Industrial
Closing
Jun 21, 2022
About this deal
AI
Located at 3552 E 10th Ct in Hialeah, this industrial property recently exchanged hands in a sale transaction. The property spans 13,236 square feet and was sold for a price of $2,125,000, resulting in a price per square foot of $161. The transaction took place on June 22, 2022, and the buyer was Carlos Ed while the seller was Richard Estalella.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,125,000
- Square Footage: 13,236
- Price per Square Foot: $161
- Buyer: Carlos Ed
- Seller: Richard Estalella
- Brokers: Raul Pino & Pablo Vignolo - The Hype Real Estate Group
- Market: Hialeah
The Hype Real Estate Group, represented by Raul Pino and Pablo Vignolo, played a crucial role in facilitating this transaction as the buyer and seller's representatives. Specializing in sourcing off-market deals with real buyers and sellers, they successfully negotiated the terms of the deal. It was a smooth transaction, thanks to their assistance and expertise. For any real estate needs, you can reach out to The Hype Real Estate Group at 786-503-5583.
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
7.46%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93