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10791 N Kendall Dr, Kendall...

CFH Group Acquires 100-Unit Multifamily Property In Kendall For $16.9M
SOLDMultiFamily

CFH Group Acquires 100-Unit Multifamily Property In Kendall For $16.9M

10791 N Kendall Dr, Kendall, FL, USA

$16,900,000

$159/SF

Building Size

106,309 SF

Asset Type

MultiFamily

Closing

Feb 19, 2020

AI

The multifamily property located at 10791 North Kendall Dr in Kendall was recently sold. The transaction took place on February 20, 2020, with a sale price of $16,900,000. The property consists of 100 units and is owned by Baptist Health South Florida. The buyer in this transaction was CFH Group, represented by Tom Cabrerizo.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $16,900,000
  • Address: 10791 North Kendall Dr
  • Market: Kendall
  • Buyer: CFH Group - Tom Cabrerizo
  • Seller: Baptist Health South Florida
  • Units: 100

TOM CABRERIZO

Tom Cabrerizo from CFH Group represented the buyer in this transaction. CFH Group is a prominent real estate agency known for their expertise in the market.

Players

Tomas Cabrerizo

Legacy Residential Group

Buyer

$259.4M

vol

8 deals

Buyer
BF
Baptist Health South FloridaSeller

Kendall 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

0.94%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93