Henry Sanchez Sells Multifamily Asset At 11098 Southwest 107th Street Miami For $7.2M
11098 Southwest 107th Street
$7,200,000
$297/SF
Building Size
24,200 SF
Asset Type
MultiFamily
Closing
Sep 30, 2025
AI
This multifamily asset located at 11098 Southwest 107th Street in Miami was sold for $7,200,000. The property consists of 29 units, encompassing a total of 24,200 square feet, resulting in a price per unit of $248,275 and a price per square foot of $297.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,200,000
- Units: 29
- Square Footage: 24,200
- Price Per Unit: $248,275
- Price Per Square Foot: $297
- Seller: Henry Sanchez
- Broker: Juan C. Sotolongo - Compass
Juan C. Sotolongo represented the seller in this transaction, facilitating the sale of the multifamily property. The deal occurred on September 30, 2025.
Players
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
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93