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Industrial Warehouse in The City of Hialeah

$4,999,999

1040 E 26th Street, Hialeah, FL 33013

Active
Last Updated: 10/22/2024

12,000 sqft

Building Size

18,089 sqft

Lot Area

Details:
Building Size:    12,000 sqft
Lot Area:    18,089 sqft
Year Built:    1952
Description:

Industrial warehouse in The City of Hialeah owner occupied marine boating company for over 30 years. Can easily be divided into Bays for future rental income. Conveniently located near Tri Rail station and next to several undergoing future major breath-taking developments. Such as MG Developer future Metro Parc Hialeah three tower multi-family 10 story residential mix use apartment project with over 1,600 luxurious rental units. Strategic Properties & Continua Developments future Midtown Park 8 story residential apartment project with over 612 luxurious rental units. The Bec Group future 1025 Metro & 1067 Motion 10 story residential mix use apartment project with over 283 luxurious units. Perfect for an investor looking to position themselves in a redeveloping city.

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Today's Available Mortgage Rates

4747 Franchise Street, North Charleston, South Carolina 29418

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Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 02/14/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 6.3% 5 Year Fixed
Mo. Payment$8,947 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 54% LTV $0 Lender fees
Loan Amount $1,350,000 Loan Amount
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.28% 7 Year Fixed
Mo. Payment$8,931 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 54% LTV $0 Lender fees
Loan Amount $1,350,000 Loan Amount
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.24% 10 Year Fixed
Mo. Payment$8,897 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 54% LTV $0 Lender fees
Loan Amount $1,350,000 Loan Amount
Largest Commercial Real Estate Lending
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