Ramis Mahmoud Purchases Industrial Asset From Armando Guerra For $3.535M In Hialeah
SOLD
$3,535,000
Florida
See Similar DealsIndustrial11,000 SF
Sold 02/20/2026
SOLD
Ramis Mahmoud Purchases Industrial Asset From Armando Guerra For $3.535M In Hialeah
8565 W 44 Ave, Hialeah, Fl 33018
See Similar DealsIndustrial11,000 SF
Sold 02/20/2026
Summary
FLORIDA
Asset Type:Industrial
Price Per Square Foot:$321
Total Square Footage:11,000 SF
Transaction Type:Sale
The property asset involved in the transaction is an industrial asset located at 8565 West 44th Avenue in the Hialeah market. The sale price for the asset was $3,535,000, encompassing a total square footage of 11,000, which translates to a price per square foot of $321.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,535,000
- Address: 8565 West 44th Avenue
- Market: Hialeah
- Square Footage: 11,000
- Price per Square Foot: $321
- Buyer: Ramis Mahmoud
- Seller: Armando Guerra
- Brokers: Frank Trelles & Jason Gonzalez - Vivo Real Estate Group
The deal involved key individuals including buyer Ramis Mahmoud and seller Armando Guerra, who were represented in the transaction by brokers Frank Trelles and Jason Gonzalez from Vivo Real Estate Group. Their involvement highlights the broker's critical role in facilitating this property exchange.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$188,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,559.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,757.70
Annual Debt Service$201,092.44
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