Antonio And Martin Nicholls Acquire Manufacturing/Processing Property In Hialeah, FL For $4.1M
995 Southeast 12th Street, Hialeah, Florida 33010, United States
$4,100,000
$178/SF
Building Size
22,985 SF
Asset Type
Industrial
Closing
May 31, 2022
AI
The manufacturing/processing property located at 995 SE 12th St in Hialeah, FL has been sold for a price of $4,100,000. The property spans across 22,985 square feet, resulting in a price per square foot of $178.
Summary of transaction details
- Property Type: Manufacturing/Processing
- Transaction Amount: $4,100,000
- Address: 995 SE 12th St, Hialeah, FL
- Buyer: Antonio Nicholls & Martin Nicholls
- Seller: Andres Suarez, Sergio Felipe, Felipe Ramona M
The buyers of this property are represented by Antonio Nicholls & Martin Nicholls. The sellers, on the other hand, are Andres Suarez, Sergio Felipe, and Felipe Ramona M.
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93