Updated Dec 18, 2023
Andrew J. Held Acquires 5& Family Property In Hialeah,FL For $55.1M
17200 Northwest 64th Avenue, Hialeah, Florida 33015, United States
$55,125,000
$1,225/SF
Building Size
44,975 SF
Asset Type
MultiFamily
Closing
Aug 9, 2022
About this deal
AI
The property involved in this closed transaction is a 5+ Family asset located at 17200 NW 64th Ave in Hialeah, FL. The property spans approximately 44,975 square feet and was sold on August 10, 2022.
Summary of transaction details
- Property Type: 5+ Family
- Transaction Amount: $55,125,000
- Price per square foot: $1,225
- Market: Hialeah, FL
The buyer in this transaction is Andrew J. Held, while the seller is Drew Stepanek.
The multifamily sale at 17200 Northwest 64th Avenue, Hialeah, Florida 33015, United States in Hialeah, Florida sold for $55.1M in 2022. The building is 44,975 square feet, implying about 1.2K per square foot on the published price. Named participants on the 17200 Northwest 64th Avenue, Hialeah, Florida 33015, United States sale are Andrew J. Held. This page is the Hialeah, Florida file for the 17200 Northwest 64th Avenue, Hialeah, Florida 33015, 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 17200 Northwest 64th Avenue, Hialeah, Florida 33015, United States around 2022. Published consideration for 17200 Northwest 64th Avenue, Hialeah, Florida 33015, United States is $55.1M, dated 2022. Cite this Andrew J. Held Acquires 5& Family Property In Hialeah,FL For $55.1M sale when underwriting similar multifamily product around Hialeah, Florida.
Players
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
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93