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Armando Bardisa And Sayam Ibrahim Acquire Multifamily Property In Miami For $8.3M

Property Image
FINANCED
$8,300,000
Nelson Lopez
Mauricio Villasuso
+ 1

Florida

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MultiFamily35,732 SF
Financed 05/06/2022
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FINANCED

Armando Bardisa And Sayam Ibrahim Acquire Multifamily Property In Miami For $8.3M

1250 Southwest 6th Street, Miami, Florida 33135, United States

See Similar Deals
MultiFamily35,732 SF
Financed 05/06/2022
Nelson Lopez
Mauricio Villasuso
+ 1
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$232
Total Square Footage:35,732 SF
Transaction Type:Loan

A multifamily property located at 1250 SW 6th St in Miami has been involved in a recent transaction. The property consists of 72 units and was purchased by Armando Bardisa and Sayam Ibrahim.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $8,300,000
  • Address: 1250 SW 6th St
  • Market: Miami
  • Units: 72

The loan for this transaction was provided by Sheridan Capital, represented by Michael Yassky and Aaron Kurlansky. The loan amount was $8,300,000 and it was a purchase loan.

The brokers involved in this deal were Metro Fund Inc., represented by Orlando Diaz and Nelson Lopez.

Players

Orlando Diaz
4 deals$19.6M volume
BROKER

Nelson Lopez
4 deals$14.1M volume
BROKER

Mauricio Villasuso
Fausto Commercial Realty Consultants
17 deals$91.4M volume
BROKER


Sheridan Capital
LENDER

Details

FINANCED
IMAGE: Armando Bardisa, Orlando Diaz, Michael Yassky, Nelson Lopez, Aaron Kurlansky & Sayam Ibrahim DATE: 05/06/2022 ADDRESS: 1250 SW 6th St MARKET: Miami ASSET TYPE: Multifamily ~ UNITS: 72 LENDER: Sheridan Capital - Michael Yassky & Aaron Kurlansky BROKERS: Metro Fund Inc. (@MetroFundGroup) -metrofundgroup.com - Orlando Diaz (@ODiaz314) and Nelson Lopez (@LendingWithNelly) BUYER: Armando Bardisa and Sayam Ibrahim LOAN AMOUNT: $8,300,000 LOAN TYPE: Purchase

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$8,300,000.00

Monthly NOI$55,333.33
Monthly Debt Service$52,461.65
Change in Cash Flow$0.00
Refinance Proceeds$0.00