Hialeahww LLC Acquires Industrial Property In Hialeah For $11.6M
7878 NW 103rd St, Hialeah, FL, USA
$11,575,000
$291/SF
Building Size
39,672 SF
Asset Type
Industrial
Closing
Jul 28, 2021
AI
The industrial property located at 7878 NW 103rd St in Hialeah has been sold for a price of $11,575,000. The property spans a total of 39,672 square feet, resulting in a price per square foot of $292. The transaction took place on July 29, 2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $11,575,000
- Address: 7878 NW 103rd St, Hialeah
- Market: Hialeah
- Buyer: Hialeahww LLC
- Seller: P.Shields Ferber Jr.
- Square Footage: 39,672
- Price Per Square Foot: $292
Hialeahww LLC acquired the property from P.Shields Ferber Jr. in this transaction. The deal represents a significant investment in the industrial market of Hialeah. The buyers and sellers involved in the transaction have not been further identified.
Players
Hialeah Gardens 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
1.37%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93