facebook
Traded Co logo
Submit
Daily limit: 0/10

Life Healthcare Services Acquires Industrial Property At 847 West 17th Street For $2 Million

Property Image
SOLD
$2,000,000

Florida

See Similar Deals
Industrial12,051 SF
Sold 11/05/2024
the dealplayerscompscontact
Property Image
SOLD

Life Healthcare Services Acquires Industrial Property At 847 West 17th Street For $2 Million

847 West 17th Street

See Similar Deals
Industrial12,051 SF
Sold 11/05/2024
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$166
Total Square Footage:12,051 SF
Transaction Type:Sale

A 12,051 SF industrial warehouse located at 847 West 17th Street in the Hialeah market was sold for $2,000,000. The property sits on a 0.46-acre lot and is zoned M-1. The transaction involved $1.5 million in seller-carry financing.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,000,000
  • Square Footage: 12,051 SF
  • Address: 847 West 17th Street
  • Market: Hialeah
  • Buyer: Life Healthcare Services
  • Seller: Miriam Geller
  • Broker: Nico Vargas - APEX Capital Realty
  • Price per Square Foot: $166

The transaction was facilitated by Nico Vargas from APEX Capital Realty, who represented both parties involved in the deal. Life Healthcare Services acquired the property from Miriam Geller, marking a significant acquisition in the industrial market.

Players

Nico Vargas
APEX Capital Realty
Nico Vargas
2 deals$4.5M volume(786) 239-3266
BROKER

Details

SOLD
IMAGE: Nico Vargas DATE: 11/05/2024 ADDRESS: 847 West 17th Street MARKET: Hialeah ASSET TYPE: Industrial BUYER: Life Healthcare Services SELLER: Miriam Geller BROKER: Nico Vargas (@NicoVargasre) - APEX Capital Realty (@APEXCapitalRealty) SALE PRICE: $2,000,000 SF: 12,051 ~ PPSF: $166 NOTE: Life Healthcare Services acquired a 12,051 SF warehouse for $2 million, with $1.5 million in seller-carry financing. The property, located on 0.46 acres, was sold by Miriam Geller and is zoned M-1.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$106,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24