Colliers International Facilitates $7.5M Sale Of MultiFamily Property In Hialeah | 1033 East 25th Street | Virgilio Fernandez, Mitash Kripalani | MultiFamily | Sale

Summary

Sale

FLORIDA

MultiFamily

41,751 sqft

A MultiFamily property located at 1033 E 25th Street in Hialeah has been sold for a total of $7.5 million. The property spans 41,751 square feet, resulting in a price per square foot of $180.

Summary of transaction details

Property Type: MultiFamily
Transaction Amount: $7,500,000
Address: 1033 E 25th Street, Hialeah
Market: Hialeah

The buyers of the property were Frank Espinosa, while the sellers were Marlon Gomez. The sale was facilitated by Virgilio Fernandez and Mitash Kripalani from Colliers International. Virgilio Fernandez represented the sellers and helped secure a beneficial contract. The transaction involved a formal listing process, which resulted in multiple record-priced offers for the area. Additionally, one of the property co-owners exercised their Right of First Refusal, acquiring the interest of their partner.

If you are interested in buying or selling a property and need assistance in reaching your investment goals, you can contact Virgilio Fernandez at [email protected].

Players

All
3

Agents
2
Agencies
1

$172.9M Sold

$115.8M Sold

Colliers International

Details

Deal Summary

SOLD

IMAGE: Virgilio Fernandez DATE: 07/17/2023 ADDRESS: 1033 E 25th Street MARKET: Hialeah ASSET TYPE: MultiFamily BUYER: Frank Espinosa SELLER: Marlon Gomez BROKERS: Virgilio Fernandez (@Vboundless) & Mitash Kripalani (@Mitash) - Colliers International (@ColliersInternational) SALE PRICE: $7,500,000 SF: 41,751 ~ PPSF: $180 NOTE FROM BROKERS: We are excited to share that Colliers has successfully facilitated the sale of a development site in Hialeah for a total of $7.5.5 million. This sale comes after a formal listing process that resulted in multiple record-priced offers for the area. As a part of this transaction, one of the property co-owners exercised their Right of First Refusal, acquiring the interest of their partner. Virgilio Fernandez represented the sellers and helped to secure a beneficial contract. If you are looking to acquire or sell a property and need assistance in reaching your investment goals, our team is ready to have a conversation with you. Feel free to reach out to us anytime [email protected] .

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Address1033 East 25th Street

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