Disney Ferras Acquires Mixed-use Property In Hialeah From Mr. Roberto Blanco For $3.2M
SOLD
$3,200,000
Florida
See Similar DealsMixed-use12,052 SF
Sold 01/28/2025
SOLD
Disney Ferras Acquires Mixed-use Property In Hialeah From Mr. Roberto Blanco For $3.2M
3800 East 4th Avenue
See Similar DealsMixed-use12,052 SF
Sold 01/28/2025
Summary
FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$265
Total Square Footage:12,052 SF
Transaction Type:Sale
A mixed-use property located at 3800 East 4th Avenue in Hialeah has been sold for $3,200,000. The asset spans 12,052 square feet, resulting in a price per square foot of $265.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,200,000
- Address: 3800 East 4th Avenue
- Market: Hialeah
- Square Footage: 12,052
- Price per Square Foot: $265
- Buyer: Disney Ferras
- Seller: Mr. Roberto Blanco
- Seller's Representative: George Jimenez - J&Co. Commercial Real Estate Inc
The transaction involved key individuals including the buyer, Disney Ferras, and the seller, Mr. Roberto Blanco, represented by George Jimenez from J&Co. Commercial Real Estate Inc.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$170,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59
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