AHS Residential Acquires Multifamily Property In Miami Gardens For $52.5M Loan
2301 Northwest 167th Street, Miami Gardens, FL 33056, USA
$52,500,000
$27,486/SF
Building Size
1,910 SF
Asset Type
MultiFamily
Closing
Apr 25, 2021
AI
A multifamily property located at 2301 NW 167th St. in Miami Gardens has recently closed a transaction.
Summary of transaction details:
- Property Type: Multifamily
- Loan Amount: $52,500,000
- Number of Units: 420
- Acres: 13.1
The lender for this transaction was Bank of America, and the landlord is AHS Residential represented by Ernesto Lopes.
Ernesto Lopes from AHS Residential acted as the representative for the landlord in this transaction.
Players
Miami Gardens MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93