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532 W 28th St Hialeah, FL 3...

Antonio Nicholls Acquires Industrial Property On 532 W 28 Street In Hialeah For $1.83M
SOLDIndustrial

Antonio Nicholls Acquires Industrial Property On 532 W 28 Street In Hialeah For $1.83M

532 W 28th St Hialeah, FL 33010, USA

$1,830,000

$230/SF

Building Size

7,931 SF

Asset Type

Industrial

Closing

Jun 16, 2023

AI

An industrial property located at 532 W 28 Street in Hialeah has been sold for a price of $1,830,000. The property spans 7,931 square feet, resulting in a price per square foot of $231.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,830,000
  • Square Feet: 7,931
  • Price per Square Foot: $231
  • Address: 532 W 28 Street, Hialeah

The buyer in this transaction is Antonio Nicholls. The seller is Mark Feldman, and the seller's representative is Brandon Dagnesses from Dags Group & Associates.

Players

Brandon Dagnesses

Dags Group & Associates

Broker

$23.6M

vol

10 deals

Broker

Antonio Nicholls

Buyer

$7.2M

vol

3 deals

Buyer

Miami 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

8.67%

Cash-on-Cash

-2.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93