Henry Sanchez Sells Multifamily Asset At 11098 Southwest 107th Street Miami For $7.2M
SOLD
$7,200,000
Florida
See Similar DealsMultiFamily24,200 SF
Sold 09/30/2025
SOLD
Henry Sanchez Sells Multifamily Asset At 11098 Southwest 107th Street Miami For $7.2M
11098 Southwest 107th Street
See Similar DealsMultiFamily24,200 SF
Sold 09/30/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$297
Total Square Footage:24,200 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$384,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$25,580.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,131.67
Annual Debt Service$409,580.08
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