Ivan A. Herrera Acquires Office Property In Hialeah For $3.5M
15225 NW 77th Ave, Hialeah, FL, USA
$3,525,000
$309/SF
Building Size
11,398 SF
Asset Type
Office
Closing
Aug 18, 2021
About this deal
AI
The office property located at 15225 NW 77th Ave, Hialeah has been sold for a total of $3,525,000. The property spans approximately 11,398 square feet, resulting in a price per square foot of $309.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $3,525,000
- Square Feet: 11,398
- Price per Square Foot: $309
- Address: 15225 NW 77th Ave, Hialeah
- Market: Hialeah
Ivan A. Herrera has purchased the property from Juan C. Ramos.
The office sale at 15225 NW 77th Ave, Hialeah, FL, USA in Hialeah, Florida sold for $3.5M in 2021. The building is 11,398 square feet, implying about 309 per square foot on the published price. Named participants on the 15225 NW 77th Ave, Hialeah, FL, USA sale are Ivan A. Herrera, Juan Ramos. This page is the Hialeah, Florida file for the 15225 NW 77th Ave, Hialeah, FL, USA office sold: pricing, party profiles, and other closed office comps from the same Hialeah sit in the Market section below. Filter that Hialeah office set by closing date to see what else sold near 15225 NW 77th Ave, Hialeah, FL, USA around 2021. Published consideration for 15225 NW 77th Ave, Hialeah, FL, USA is $3.5M, dated 2021. Cite this Ivan A. Herrera Acquires Office Property In Hialeah For $3.5M sale when underwriting similar office product around Hialeah, Florida.
Players
Hialeah 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
4.50%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93