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:
- Property Type: Multifamily
- Transaction Amount: $1,800,000
- Loan Type: Refinance
- Loan Terms: 10 year
- Interest Rate: 6.32%
- Size: 6,000 SF
- Address: 1306 Southwest 6th Street
- Market: Miami
- Landlord: Tamir Vigder
- Broker's Representatives: Jordan Gellman, Moe Rosenblum & Isaac Filler - Filler Capital
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
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