Steve Poulos & Anthony Pricco Acquire Parking Asset In Dania, FL For $20M
2200 East 7th Avenue, Hialeah, Florida 33013, United States
$20,000,000
$6,359/SF
Building Size
3,145 SF
Asset Type
Other
Closing
Jun 15, 2022
About this deal
AI
The parking asset located at 2200 E 7th Ave in Dania, FL was recently sold in a transaction that closed on 06/16/2022. The property spans a total of 3,145 square feet.
Summary of transaction details
- Property Type: Parking
- Transaction Amount: $20,000,000
- Price per Square Foot: $6,359
- Address: 2200 E 7th Ave, Dania, FL
Steve Poulos & Anthony Pricco acquired the property from Anthony L. Paalz & Michael D. Deadrick.
The other sale at 2200 East 7th Avenue, Hialeah, Florida 33013, United States in Hialeah, Florida sold for $20M in 2022. The building is 3,145 square feet, implying about 6.4K per square foot on the published price. Named participants on the 2200 East 7th Avenue, Hialeah, Florida 33013, United States sale are Anthony L. Paalz, Michael D. Deadrick, Steve Poulos, Anthony Pricco. This page is the Hialeah, Florida file for the 2200 East 7th Avenue, Hialeah, Florida 33013, United States other sold: pricing, party profiles, and other closed other comps from the same Hialeah sit in the Market section below. Filter that Hialeah other set by closing date to see what else sold near 2200 East 7th Avenue, Hialeah, Florida 33013, United States around 2022. Published consideration for 2200 East 7th Avenue, Hialeah, Florida 33013, United States is $20M, dated 2022. Cite this Steve Poulos & Anthony Pricco Acquire Parking Asset In Dania, FL For $20M sale when underwriting similar other product around Hialeah, Florida.
On the Map
$20,000,000
$6,359/SF
Other
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Players
Hialeah Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93