Leocadia Barnes Sanchez Acquires Miami Condos From Henry Torres For $4.1M
301 Altara Avenue, Miami, Florida 33146, United States
$4,100,000
$1,256/SF
Building Size
3,264 SF
Asset Type
—
Closing
Apr 27, 2022
About this deal
AI
The property involved in this transaction is located at 301 Altara Avenue in Miami, FL. It is a condominium with a total square footage of 3,264. The sale took place on April 28, 2022, with a selling price of $4,100,000. The price per square foot for this property is $1,256.
Summary of transaction details
- Property Type: Condos
- Transaction Amount: $4,100,000
- SF: 3,264
- PPSF: $1,256
The buyer in this transaction is Leocadia Barnes Sanchez, while Henry Torres acted as the seller. These individuals were represented by their respective brokers or representatives.
On the Map
$4,100,000
$1,256/SF
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Players
Coral Gables CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $4.1M for 3,264 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93