Updated Oct 25, 2024
Alberto Arceo Acquires Multifamily Property In Hialeah, FL For $3M
135 East 9th Street, Hialeah, Florida 33010, United States
$3,000,000
$240/SF
Building Size
12,492 SF
Asset Type
MultiFamily
Closing
Aug 10, 2022
About this deal
AI
The multifamily property located at 135 E 9th St in Hialeah, FL was recently sold for $3,000,000. The property spans a total of 12,492 square feet, resulting in a price per square foot of $240.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Address: 135 E 9th St, Hialeah, FL
- Market: Hialeah, FL
The buyer of the property is Alberto Arceo, while the sellers are Eduardo Gonzalez, Jacinto J Restoy, and Ricardo Gonzalez.
The multifamily sale at 135 East 9th Street, Hialeah, Florida 33010, United States in Hialeah, Florida sold for $3M in 2022. The building is 12,492 square feet, implying about 240 per square foot on the published price. Named participants on the 135 East 9th Street, Hialeah, Florida 33010, United States sale are Alberto Arceo. This page is the Hialeah, Florida file for the 135 East 9th Street, Hialeah, Florida 33010, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hialeah sit in the Market section below. Filter that Hialeah multifamily set by closing date to see what else sold near 135 East 9th Street, Hialeah, Florida 33010, United States around 2022. Published consideration for 135 East 9th Street, Hialeah, Florida 33010, United States is $3M, dated 2022. Cite this Alberto Arceo Acquires Multifamily Property In Hialeah, FL For $3M sale when underwriting similar multifamily product around Hialeah, Florida.
On the Map
$3,000,000
$240/SF
MultiFamily
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Hialeah MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93