Osvaldo Ortega Purchases Industrial Property In Hialeah For $1.25M With Buyer's Rep Ivet Ortega
West 60th Street
$1,250,000
$279/SF
Building Size
4,480 SF
Asset Type
Industrial
Closing
Aug 21, 2025
AI
The property asset involved in the transaction is located at 2141, 2143 & 2145 W 60th St in the Hialeah market. This industrial asset has a total square footage of 4,480 and was sold for a transaction amount of $1,250,000, resulting in a price per square foot of $279.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,250,000
- Address: 2141, 2143 & 2145 W 60th St
- Market: Hialeah
- Total Square Footage: 4,480
- Price Per Square Foot: $279
- Buyer: Osvaldo Ortega
- Seller: Geronimo Hernandez
- Buyer's Representative: Ivet Ortega - Layer 7 Group
- Seller's Representatives: Bobby Berrido, CCIM, Ernesto Diaz & Marcos Godoytorrent - Fausto Commercial Realty Consultants
The transaction involved several key individuals. Osvaldo Ortega represented the buyer, while Geronimo Hernandez acted as the seller. The buyer was represented by Ivet Ortega from Layer 7 Group, and the seller was represented by a team from Fausto Commercial Realty Consultants, which included Bobby Berrido, CCIM, Ernesto Diaz, and Marcos Godoytorrent.
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
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93