SOLDMultiFamily
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
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.
Players
Hialeah MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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