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1101 Sw 6th St

Marcelo Martinez Buys Multifamily Property In Miami From Hugo Koifman For $750,000
SOLDMultiFamily

Marcelo Martinez Buys Multifamily Property In Miami From Hugo Koifman For $750,000

1101 Sw 6th St

$750,000

$194/SF

Building Size

3,864 SF

Asset Type

MultiFamily

Closing

Jun 13, 2016

AI

The property involved in the transaction is a MultiFamily asset located at 1101 Sw 6th St, Miami. The total square footage of the asset is 3,864, and it was sold for $750,000.00.

Summary of transaction details:

In this transaction, Marcelo Martinez acted as the buyer, while Hugo Koifman was the seller. The deal was facilitated by broker Arthur Porosoff, representing the parties involved.

Players

Arthur Porosoff

Broker
Broker

Marcelo Martinez

Buyer
Buyer

Hugo Koifman

Seller

1 deal

Seller

Miami 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

21.15%

Cash-on-Cash

-6.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93