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
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.
Players
Coral Gables CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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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