AHS Residential Acquires Multifamily Property In Miami Gardens For $52.5M Loan
FINANCED
$52,500,000
Florida
See Similar DealsMultiFamily1,910 SF
Financed 04/26/2021
FINANCED
AHS Residential Acquires Multifamily Property In Miami Gardens For $52.5M Loan
2301 Northwest 167th Street, Miami Gardens, FL 33056, USA
See Similar DealsMultiFamily1,910 SF
Financed 04/26/2021
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$27,486
Total Square Footage:1,910 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$52,500,000.00
Monthly NOI$350,000.00
Monthly Debt Service$331,835.71
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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