Ventura DePaz Acquires Medical Office From LinkPoint 4440 West LLC For $6.5 Million
4440 West 16th Avenue
$6,500,000
$590/SF
Building Size
11,000 SF
Asset Type
Medical Office
Closing
Apr 4, 2025
AI
The property asset involved in this transaction is a Medical Office located at 4440 West 16th Avenue in Hialeah. The sale price is $6,500,000, with a total square footage of 11,700 and a price per square foot of $556.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $6,500,000
- Address: 4440 West 16th Avenue
- Market: Hialeah
- Buyer: Ventura DePaz
- Seller: LinkPoint 4440 West, LLC. - Camilo Nino & Alejandro Sanchez
- Brokers: Daniel Pou & Ivo Tsinev - Fuse Commercial Real Estate
- Square Footage: 11,700
- Price Per Square Foot: $556
The key individuals involved in this transaction include the buyer, Ventura DePaz, and the sellers, Camilo Nino and Alejandro Sanchez, who are part of LinkPoint 4440 West, LLC. The brokers representing the transaction are Daniel Pou and Ivo Tsinev from Fuse Commercial Real Estate.
Players
Hialeah Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93