Updated Dec 21, 2023
Leon J. Wolfe Acquires Multifamily Property In Miami, FL For $15.01M
1050 Northwest 155th Lane, Miami, Florida 33169, United States
$15,011,865
$577/SF
Building Size
25,990 SF
Asset Type
MultiFamily
Closing
Jan 17, 2022
About this deal
AI
The multifamily property located at 1050 NW 155th Ln in Miami, FL has been sold. The transaction took place on January 18, 2022. The property spans a total of 25,990 square feet and was sold at a price of $15,011,865, resulting in a price per square foot of $577.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $15,011,865
- Address: 1050 NW 155th Ln, Miami, FL
- Market: Miami, FL
- Buyer: Leon J. Wolfe
- Seller: Jorge Lopez
Leon J. Wolfe is the buyer of the property, while Jorge Lopez is the seller. No additional information about the deal's key individuals and companies is available at this time.
On the Map
$15,011,865
$577/SF
MultiFamily
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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
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93