David M. Talla Acquires 34-Unit Multifamily In Miami For $15M
SOLD
Florida
See Similar DealsSold 07/12/2022
SOLD
David M. Talla Acquires 34-Unit Multifamily In Miami For $15M
39 NW 7th Ave
See Similar DealsSold 07/12/2022
Summary
FLORIDA
Transaction Type:Sale
A multifamily property located at 39 NW 7th Ave in Miami has been sold for $15,000,000. The property consists of 34 units with an average price per unit of $441,176. The total square footage of the property is 25,000, with an average price per square foot of $600.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $15,000,000
- Units: 34
- Price per Unit: $441,176
- Square Footage: 25,000
- Price per Square Foot: $600
- Address: 39 NW 7th Ave, Miami
The buyer of the property is David M. Talla, while Santiago Vanegas is the seller. The buyer was represented by Dan Dratch, Greg Matus, Ryan Wold, and Joseph Landsberg from Franklin Street.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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