Elegant Beauty Supplies Acquires Industrial Property In Hialeah For $4.4M
745 West 18th Street, Hialeah, FL, USA
$4,385,000
$87/SF
Building Size
50,242 SF
Asset Type
Industrial
Closing
Mar 16, 2021
AI
The property asset involved in the transaction is located at 745 West 18th Street in Hialeah. The industrial asset is valued at $4,385,000 and has a total square footage of 50,242, resulting in a price per square foot of $87.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,385,000
- Address: 745 West 18th Street
- Market: Hialeah
- Square Footage: 50,242
- Price per Square Foot: $87
- Buyer: Elegant Beauty Supplies
- Seller: ABC Properties Group
- Buyer's Representative: Andrew Easton & Michael Foxwell - The Easton Group
- Seller's Representative: Daniel P. Cook - Cook Commercial Realty
This transaction highlights key representatives involved in the deal. Andrew Easton and Michael Foxwell represented the buyer, Elegant Beauty Supplies, while Daniel P. Cook represented the seller, ABC Properties Group.
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
3.62%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93