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4265 East 10th Lane, Hialea...

Enrique Gonzalez Acquires Industrial Property In East Hialeah For $1.75M With Broker Brandon Dagnesses - Dags Group & Associates
SOLDIndustrial

Enrique Gonzalez Acquires Industrial Property In East Hialeah For $1.75M With Broker Brandon Dagnesses - Dags Group & Associates

4265 East 10th Lane, Hialeah, FL, USA

$1,750,000

$140/SF

Building Size

12,500 SF

Asset Type

Industrial

Closing

Oct 31, 2021

AI

Located in East Hialeah, the industrial property at 4265 E 10 Lane was recently sold in a closed transaction. The property spans a total of 12,500 square feet and is situated in a bustling market. The sale price for this asset was recorded at $1,750,000, with a price per square foot of $140. The transaction took place on October 31, 2021.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,750,000
  • Address: 4265 E 10 Lane
  • Market: East Hialeah

The buyer of this property is Enrique Gonzalez, while the seller is Lachy Espinel. Acting as the broker in the deal was Brandon Dagnesses from Dags Group & Associates.

Please note that the above information is based on the provided CONTEXT.

Players

Brandon Dagnesses

Dags Group & Associates

Broker

$23.6M

vol

10 deals

Broker

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

9.06%

Cash-on-Cash

-2.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93