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Four South Florida gas stations sell for $15M
Stations were flipped by separate buyer who paid $11M Miami /
2195 Northwest 103rd Street (Google Maps, iStock)
Miami-based Westar Oil Co. sold four branded gas stations for about $11 million and the buyer immediately flipped them for $15 million.
The ultimate buyer of the gas stations is Ernest M. Cherry Jr. and his wife, Carole, of Hampton Falls, New Hampshire, according to records. The deal includes the gas station at 715 Opa-Locka Boulevard near Golden Glades, one at 2195 Northwest 103rd Street in Miami and two Hialeah gas stations, at 790 East 25th Street and 1901 West 4th Avenue.