Updated Dec 21, 2023
Rommey Bahhur Acquires 2-4 Family Property In Miami, FL For $2.2M
1020 Southwest 4th Street, Miami, Florida 33130, United States
$2,200,001
$190/SF
Building Size
11,547 SF
Asset Type
MultiFamily
Closing
Apr 19, 2022
About this deal
AI
Located at 1020 SW 4th St in Miami, FL, this 2-4 Family property was recently sold on April 20, 2022. The property spans 11,547 square feet and was sold for a price of $2,200,001, resulting in a price per square foot of $190.
Summary of transaction details
- Property Type: 2-4 Family
- Transaction Amount: $2,200,001
- Market: Miami, FL
- Buyer: Rommey Bahhur
- Seller: Edgar Urena & Patricia Urena
Rommey Bahhur was represented by their broker in this transaction.
The multifamily sale at 1020 Southwest 4th Street, Miami, Florida 33130, United States in Miami, Florida sold for $2.2M in 2022. The building is 11,547 square feet, implying about 190 per square foot on the published price. Named participants on the 1020 Southwest 4th Street, Miami, Florida 33130, United States sale are Rommey Bahhur. This page is the Miami, Florida file for the 1020 Southwest 4th Street, Miami, Florida 33130, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Miami sit in the Market section below. Filter that Miami multifamily set by closing date to see what else sold near 1020 Southwest 4th Street, Miami, Florida 33130, United States around 2022. Published consideration for 1020 Southwest 4th Street, Miami, Florida 33130, United States is $2.2M, dated 2022. Cite this Rommey Bahhur Acquires 2-4 Family Property In Miami, FL For $2.2M sale when underwriting similar multifamily product around Miami, Florida.
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93