Updated Dec 21, 2023
Guy Azais Acquires 5& Family Property In Miami, FL For $2.1M
1125 Northeast 80th Street, Miami, Florida 33138, United States
$2,100,000
$456/SF
Building Size
4,600 SF
Asset Type
MultiFamily
Closing
Jun 23, 2022
About this deal
AI
An investment property located at 1125 NE 80th St in Miami, FL, was recently sold in a closed transaction. The property is a 5+ family asset with a total square footage of 4,600. The sale took place on June 24, 2022, and the transaction price was $2,100,000. This translates to a price per square foot of $456.
Summary of transaction details
- Property Type: 5+ Family
- Transaction Amount: $2,100,000
- Address: 1125 NE 80th St, Miami, FL
- Square Footage: 4,600
- Price per Square Foot: $456
Guy Azais served as the buyer in this transaction, while Xiang Huang acted as the seller. Both parties were represented by their respective brokers.
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
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93