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
About this deal
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.
The retail sale at 2390 W 68th St, Hialeah, FL, USA in Hialeah, Florida sold for $4M in 2021. The building is 3,144 square feet, implying about 1.3K per square foot on the published price. This page is the Hialeah, Florida file for the 2390 W 68th St, Hialeah, FL, USA retail sold: pricing, party profiles, and other closed retail comps from the same Hialeah sit in the Market section below. Filter that Hialeah retail set by closing date to see what else sold near 2390 W 68th St, Hialeah, FL, USA around 2021. Published consideration for 2390 W 68th St, Hialeah, FL, USA is $4M, dated 2021. Cite this Miami Fl Properties LLC Acquires Retail Property In Hialeah For $3.975M sale when underwriting similar retail product around Hialeah, Florida.
Players
Hialeah Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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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