Miguel Alvarez Acquires Hialeah Multifamily For $3.97M
110 East 10th Street, Hialeah, Florida 33010, United States
$3,970,000
$243/SF
Building Size
16,312 SF
Asset Type
MultiFamily
Closing
Jan 31, 2022
AI
An multifamily property located at 110 E 10th St in Hialeah, FL was recently sold in a transaction. The property spans an area of 16,312 square feet, and the sale price amounted to $3,970,000. The price per square foot (PPSF) for this transaction was $243.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,970,000
- Square Footage: 16,312
- Price Per Square Foot: $243
- Address: 110 E 10th St, Hialeah, FL
- Buyer: Miguel Alvarez
- Seller: Vidal Moreno
Miguel Alvarez represented the buyer in this transaction, while Vidal Moreno represented the seller.
Players
Hialeah 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
4.00%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93