Miami Fl Properties LLC Acquires Retail Property In Hialeah For $3.975M
2390 W 68th St, Hialeah, FL, USA
$3,975,000
$1,264/SF
Building Size
3,144 SF
Asset Type
Retail
Closing
Aug 10, 2021
AI
Miami Fl Properties LLC has acquired a retail property located at 2390 W 68th St in Hialeah. The transaction took place on 08/11/2021. The property spans 3,144 square feet and was sold for a price of $3,975,000, resulting in a price per square foot of $1,264.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,975,000
- Address: 2390 W 68th St, Hialeah
- Market: Hialeah
The buyer, Miami Fl Properties LLC, acquired the property from W Hialeah Investments LLC.
Players
Hialeah Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.99%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93