facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Industrial

/

Sale

/

1700 West 8th Avenue

Antonio Hidalgo Acquires Industrial Property In Hialeah For $2.9M With Buyer's Representative Giovanni G. Gonzalez
SOLDIndustrial

Antonio Hidalgo Acquires Industrial Property In Hialeah For $2.9M With Buyer's Representative Giovanni G. Gonzalez

1700 West 8th Avenue

$2,900,000

$240/SF

Building Size

12,060 SF

Asset Type

Industrial

Closing

Apr 10, 2025

AI

The property involved in this transaction is an industrial asset located at 1700 West 8th Avenue in Hialeah. The sale was finalized at a transaction amount of $2,900,000, encompassing a total square footage of 12,060, equating to a price per square foot of $240.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,900,000
  • Address: 1700 West 8th Avenue
  • Market: Hialeah
  • Square Footage: 12,060
  • Price per Square Foot: $240
  • Buyer: Antonio Hidalgo
  • Buyer's Representative: Giovanni G. Gonzalez - RE/MAX Advance Realty
  • Seller's Representatives: Juliano Lopez & Rene Vivo - Vivo Real Estate Group

Key individuals involved in the transaction include buyer Antonio Hidalgo, represented by Giovanni G. Gonzalez from RE/MAX Advance Realty, while the seller was represented by Juliano Lopez and Rene Vivo from Vivo Real Estate Group. Giovanni G. Gonzalez expressed gratitude for the successful sale, attributing the achievement to faith and divine support.

Players

Giovanni Gregory Gonzalez

Re/Max

Broker

$2.9M

vol

1 deal

Broker

Hialeah Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93