Keiran Searle Purchases Industrial Asset In Hialeah From Nicolas Trujillo For $3.15M
3640 East 10th Court
$3,150,000
$14,651/SF
Building Size
215 SF
Asset Type
Industrial
Closing
Jan 2, 2025
AI
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.
Players
Hialeah Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93