Antonio Nicholls Acquires Industrial Property In East Hialeah For $1.25M
4147 East 10th Lane, Hialeah, FL, USA
$1,250,000
$148/SF
Building Size
8,437 SF
Asset Type
Industrial
Closing
Oct 31, 2021
AI
The industrial property located at 4147 E 10 Lane in East Hialeah has been sold. The property spans an area of 8,437 square feet and is situated in the East Hialeah market.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $1,250,000
- Asking Price: $1,265,000
- Price per Square Foot: $148
- Buyer: Antonio Nicholls
- Seller: Shabbir Khan
- Broker: Brandon Dagnesses - Dags Group & Associates
The transaction was completed on October 31, 2021. The buyer, Antonio Nicholls, acquired the property from the seller, Shabbir Khan, for a sale price of $1,250,000. The broker representing this deal was Brandon Dagnesses from Dags Group & Associates.
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93