Gus Alfonso & Alex Ruiz Acquire Lodges/Halls In Hialeah, FL For $15M
7450 West 4th Lane, Hialeah, Florida 33014, United States
$15,000,000
$387/SF
Building Size
38,666 SF
Asset Type
Other
Closing
May 12, 1922
AI
The property located at 7450 W 4th Ave in Hialeah, FL was recently sold for $15,000,000. This lodge/hall has a total area of 38,666 square feet, which translates to a price per square foot of $388.
Summary of transaction details
- Property Type: Lodges/Halls
- Transaction Amount: $15,000,000
- Address: 7450 W 4th Ave, Hialeah, FL
- Market: Hialeah, FL
- Buyer: Gus Alfonso & Alex Ruiz
- Seller: Alexander Ruiz
- Total Area: 38,666 square feet
- Price per Square Foot: $388
The deal's key individuals involved in this transaction are Gus Alfonso and Alex Ruiz, representing the buyer. Alexander Ruiz, the seller, also played a significant role in the sale of this property.
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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93