G Realty Group Acquires Multifamily Property In Bay Harbor Islands For $4.85M
10084 West Bay Harbor Drive, Bay Harbor Islands, Florida 33154, United States
$4,850,000
$575/SF
Building Size
8,424 SF
Asset Type
MultiFamily
Closing
May 12, 2022
AI
The multifamily property located at 10084 W Bay Harbor Dr in Bay Harbor Islands has been sold in a closed transaction. The property features 12 units with a total square footage of 8,424. The asking price and sale price for the property were both $4,850,000, resulting in a price per unit of $404,167 and a price per square foot of $576.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,850,000
- Units: 12
- Square Footage: 8,424
- Price per Unit: $404,167
- Price per Square Foot: $576
- Market: Bay Harbor Islands
Sarah Gozlan from G Realty Group represented the buyer in this transaction.
Players
Bay Harbor Islands MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.27%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93