Disney Ferras Acquires Mixed-use Property In Hialeah From Mr. Roberto Blanco For $3.2M
3800 East 4th Avenue
$3,200,000
$265/SF
Building Size
12,052 SF
Asset Type
Mixed-use
Closing
Jan 28, 2025
AI
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.
Players
Hialeah Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93