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1129 NW 3rd St, Miami, FL, ...

Cribella Of Florida, LLC Purchases Miami Property From Seller Represented By Hernando Perez For $2.7M
SOLDMultiFamily

Cribella Of Florida, LLC Purchases Miami Property From Seller Represented By Hernando Perez For $2.7M

1129 NW 3rd St, Miami, FL, 33128

$2,700,000

Building Size

Asset Type

MultiFamily

Closing

Nov 20, 2023

AI

The property involved in this transaction is located at 1129 NW 3rd St, Miami, FL, 33128. The transaction price was $2,700,000.00, and the property does not specify any square footage. The market for this transaction is identified as Miami.

Summary of transaction details:

The key individuals and companies involved in this transaction include Hernando Perez, who represents the seller, and Cribella of Florida, LLC, as the buyer in the deal.

Players

Hernando Perez

Horvath & Tremblay

Broker

$31.5M

vol

9 deals

Broker
FL
Florida LLCBuyer

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

5.88%

Cash-on-Cash

-1.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93