Digital Drafting System Acquires Office In Hialeah From Guy Brickman For $2.7M
16969 Northwest 67th Avenue
$2,700,000
$226/SF
Building Size
11,900 SF
Asset Type
Office
Closing
Dec 30, 2023
AI
An office property located at 16969 Northwest 67th Avenue in Hialeah was recently sold for $2,700,000. The asset spans 11,900 square feet, resulting in a price per square foot of $227. The transaction took place on December 30, 2023, involving Digital Drafting System as the buyer and Guy Brickman as the seller.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,700,000
- Buyer: Digital Drafting System
- Seller: Guy Brickman
- Buyer's Representative: Francisco Giron - Vivo Real Estate Group
- Seller's Representative: Pierre Martinez - Vivo Real Estate Group
- Address: 16969 Northwest 67th Avenue
- Market: Hialeah
Pierre Martinez and Francisco Giron, representing Vivo Real Estate Group, played crucial roles in facilitating this property transaction.
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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93