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

Property Image
SOLD
$2,700,000

Florida

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MultiFamily
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Property Image
SOLD

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

1129 NW 3rd St, Miami, FL, 33128

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MultiFamily
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Sale

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
Hernando Perez
9 deals$31.5M volume
BROKER
FL
Florida LLC
BUYER

Details

SOLD
IMAGE: 1129 NW 3rd St, Miami, FL, 33128 MARKET: Miami SELLER'S REP: Hernando Perez -Horvath & Tremblay BUYER: Cribella of Florida, LLC PRICE: $2,700,000.00 SF: 0

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$144,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,592.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,799.38
Annual Debt Service$153,592.53