Eli Li Pani Acquires Industrial Property In Hialeah For $1.45M With Broker Brandon Dagnesses
4627 East 10th Lane
$145,000
$20/SF
Building Size
7,140 SF
Asset Type
Industrial
Closing
Jan 17, 2025
AI
The transaction involved an industrial asset located at 4627 East 10th Lane in Hialeah. The property, encompassing 7,140 square feet, was sold for $1,450,000, translating to a price per square foot of $203.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,450,000
- Address: 4627 East 10th Lane
- Market: Hialeah
- Square Footage: 7,140
- Price Per Square Foot: $203
- Buyer: Eli Li Pani
- Seller: Robert Toms
- Broker: Brandon Dagnesses - Dags Group & Associates
The deal was facilitated by Brandon Dagnesses, representing the broker Dags Group & Associates, overseeing the transaction between buyer Eli Li Pani and seller Robert Toms.
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
109.40%
Cash-on-Cash
-31.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93