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:
- Property Type: Sale
- Transaction Amount: $2,700,000.00
- Seller's Representative: Hernando Perez - Horvath & Tremblay
- Buyer: Cribella of Florida, LLC
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
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