Megastron, INC Acquires Industrial Property In Hialeah Gardens For $8.2M
Hialeah Gardens, Florida, United States
$8,183,000
$28/SF
Building Size
283,140 SF
Asset Type
Industrial
Closing
Jun 23, 2022
AI
An industrial property located in Hialeah Gardens has been sold for a total of $8,183,000. Spanning across 283,140 square feet, the property was sold at a price per square foot of $29. The transaction took place on June 24, 2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $8,183,000
Megastron, INC, represented by Hayde Ceballos, acquired the property from Iguazu, INT Inc. The sale was facilitated by brokers Miguelangel Salazar-Pesce and Azael Reyes from Strike Realty, LLC.
Players
Hialeah Gardens 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
1.94%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93