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1306 Southwest 6th Street

Tamir Vigder Secures $1.8 Million Refinance Loan For Multifamily Property In Miami
FINANCEDMultiFamily

Tamir Vigder Secures $1.8 Million Refinance Loan For Multifamily Property In Miami

1306 Southwest 6th Street

$1,800,000

$300/SF

Building Size

6,000 SF

Asset Type

MultiFamily

Closing

May 15, 2025

AI

A multifamily property located at 1306 Southwest 6th Street in the Miami market features 12 units and encompasses a total area of 6,000 square feet. The property was recently refinanced for a loan amount of $1,800,000 with a 10-year loan term, secured through a local savings bank at an interest rate of 6.32%.

Summary of transaction details:

The successful refinancing of the property was announced by Filler Capital LLC, highlighting the engagement with a local savings bank for securing the loan. The involvement of multiple brokers indicates a collaborative effort in managing the transaction process for the landlord.

Players

Isaac Filler

Filler Capital

Broker

$1.7B

vol

77 deals

Broker
US Century Bank
US Century BankLender

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93