SOLDOffice
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
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.
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