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10250 Southwest 110th Street

Lina Honig Sells Multifamily Property In Miami For $1.55M With Aileen Rodriguez And Monica Valencia As Brokers
SOLDMultiFamily

Lina Honig Sells Multifamily Property In Miami For $1.55M With Aileen Rodriguez And Monica Valencia As Brokers

10250 Southwest 110th Street

$1,550,000

$404/SF

Building Size

3,829 SF

Asset Type

MultiFamily

Closing

Sep 23, 2024

AI

A multifamily property located at 10250 Southwest 110th Street in Miami has been sold for $1,550,000. The asset encompasses a total of 3,829 square feet, resulting in a price per square foot of $404.

Summary of transaction details:

The transaction involved Lina Honig as the seller, with Monica Valencia from Coldwell Banker Realty Aventura acting as the listing agent and Aileen Rodriguez from Miami Brokers Group serving as the selling agent.

Players

Aileen Rodriguez

Miami Brokers Group

Broker

$1.6M

vol

1 deal

Broker

Miami 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

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93