Keiran Searle Purchases Industrial Asset In Hialeah From Nicolas Trujillo For $3.15M
SOLD
$3,150,000
Florida
See Similar DealsIndustrial215 SF
Sold
SOLD
Keiran Searle Purchases Industrial Asset In Hialeah From Nicolas Trujillo For $3.15M
3640 East 10th Court
See Similar DealsIndustrial215 SF
Sold
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$14651
Total Square Footage:215 SF
Transaction Type:Sale
The transaction involves an industrial asset located at 3640 East 10th Court in the Hialeah market. The property has a sale price of $3,150,000 and encompasses a total area of 14,620 square feet, with a price per square foot of $215.49.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,150,000
- Sale Date: 01/02/2025
- Buyer: Keiran Searle
- Seller: Nicolas Trujillo
- Seller's Representative: Joel A. Kattan & Anthony Peragine - SVN - SVN Commercial Realty
This deal indicates the involvement of key representatives in the transaction, specifically the roles filled by Joel A. Kattan and Anthony Peragine representing the seller, showcasing their participation in facilitating the sale within the commercial real estate framework.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$168,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,191.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,932.61
Annual Debt Service$179,191.28
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