Updated Oct 12, 2026
Babba Yesharim & Cyrus Mehrpouyan Acquire 2-4 Family Property In Miami,FL For $2.5M
1110 Northwest North River Drive, Miami, Florida 33136, United States
$2,500,000
$1,139/SF
Building Size
2,195 SF
Asset Type
MultiFamily
Closing
Feb 22, 2022
About this deal
AI
The property involved in this transaction is a 2-4 Family located at 1110 NW North River Dr in Miami, FL. The sale took place on February 23, 2022.
Summary of transaction details:
- Property Type: 2-4 Family
- Transaction Amount: $2,500,000
- Square Footage: 2,195
- Price per Square Foot: $1,139
- Address: 1110 NW North River Dr, Miami, FL
- Buyer: Babba Yesharim & Cyrus Mehrpouyan
- Seller: Dale Warren Schley II
The buyers of the property are Babba Yesharim & Cyrus Mehrpouyan, while the seller is Dale Warren Schley II.
On the Map
$2,500,000
$1,139/SF
MultiFamily
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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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93