Updated Oct 28, 2024
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
About this deal
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.
The multifamily loan at 2301 Northwest 167th Street, Miami Gardens, FL 33056, USA in Miami Gardens, Florida financed for $52.5M in 2021. Reported inventory is 1,910 square feet across 420 units, or about 27.5K per square foot. Named participants on the 2301 Northwest 167th Street, Miami Gardens, FL 33056, USA loan are Ernesto Lopes. This page is the Miami Gardens, Florida file for the 2301 Northwest 167th Street, Miami Gardens, FL 33056, USA multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Miami Gardens sit in the Market section below. Filter that Miami Gardens multifamily set by closing date to see what else financed near 2301 Northwest 167th Street, Miami Gardens, FL 33056, USA around 2021. Published consideration for 2301 Northwest 167th Street, Miami Gardens, FL 33056, USA is $52.5M, dated 2021. Cite this AHS Residential Acquires Multifamily Property In Miami Gardens For $52.5M Loan loan when underwriting similar multifamily product around Miami Gardens, Florida.
Players
Miami Gardens 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
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93