Dennis Amoils & Brian Gale Acquire Hialeah Office Building For $15M
14750 Northwest 77th Court, Hialeah Gardens, Florida 33016, United States
$15,000,000
$114/SF
Building Size
130,881 SF
Asset Type
Office
Closing
Jun 29, 2022
About this deal
AI
An office building located at 14750 NW 77th CT in Hialeah, FL was sold on June 30, 2022. The property, spanning 130,881 square feet, was acquired by Dennis Amoils & Brian Gale from seller Ellen Freedman for a total price of $15,000,000. The price per square foot for the transaction was $114.
Summary of transaction details
- Property Type: Office Building
- Transaction Amount: $15,000,000
- Address: 14750 NW 77th CT
- Market: Hialeah, FL
- Buyer: Dennis Amoils & Brian Gale
- Seller: Ellen Freedman
- Square Footage: 130,881
- Price per Square Foot: $114
Dennis Amoils and Brian Gale represented themselves in the purchase of this office building situated in Hialeah, FL. Their acquisition of the property highlights their continued investment in the local market.
Players
Hialeah Gardens Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93