Updated Oct 28, 2024
5151ml21 LLC Acquires Industrial Property In Hialeah For $5.35M
5151 NW 165th St, Hialeah, FL, USA
$5,350,000
$145/SF
Building Size
36,875 SF
Asset Type
Industrial
Closing
Jul 20, 2021
About this deal
AI
The industrial property located at 5151 NW 165th St in Hialeah has been sold in a closed transaction. The property spans 36,875 square feet and was sold for a price of $5,350,000, resulting in a per square foot price of $145.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,350,000
- SF: 36,875
- PPSF: $145
- Date: 07/21/2021
- Address: 5151 NW 165th St
- Market: Hialeah
The buyer of the property is 5151ml21 LLC, while the seller is Harvest Land Investment II Inc.
Players
Miami Lakes 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
2.97%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93