Updated Aug 18, 2026
Marlon Gomez Purchases Multifamily Property At 1040 Spring Garden Rd From Fausto Callava For $3,920,000
1040 Spring Garden Rd
$3,920,000
Lot Size
21,294 SF
Asset Type
MultiFamily
Closing
Jul 24, 2019
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 1040 Spring Garden Rd in Miami. The transaction was finalized on July 24, 2019, with a total price of $3,920,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,920,000.00
- Address: 1040 Spring Garden Rd
- Market: Miami
- Buyer: Marlon Gomez
- Seller: Fausto Callava
- Brokers: Arthur Porosoff
This transaction involved Marlon Gomez as the buyer and Fausto Callava as the seller, with Arthur Porosoff acting as the broker representative in the deal.
On the Map
$3,920,000
MultiFamily
View full map
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Miami multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.05%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93