Lina Honig Sells Multifamily Property In Miami For $1.55M With Aileen Rodriguez And Monica Valencia As Brokers
SOLD
$1,550,000
Florida
See Similar DealsMultiFamily3,829 SF
Sold 09/23/2024
SOLD
Lina Honig Sells Multifamily Property In Miami For $1.55M With Aileen Rodriguez And Monica Valencia As Brokers
10250 Southwest 110th Street
See Similar DealsMultiFamily3,829 SF
Sold 09/23/2024
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$404
Total Square Footage:3,829 SF
Transaction Type:Sale
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:
- Property Type: Multifamily
- Transaction Amount: $1,550,000
- Address: 10250 Southwest 110th Street
- Market: Miami
- Square Footage: 3,829
- Price per Square Foot: $404
- Seller: Lina Honig
- Listing Agent: Monica Valencia - Coldwell Banker Realty Aventura
- Selling Agent: Aileen Rodriguez - Miami Brokers Group
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
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