Cory Reiter Acquires Multifamily Asset From Cristobal Gil In Miami For $5.4M

The property asset involved in this transaction is Westview Village Apartments, located at 11505 Northwest 22nd Avenue in Miami, Florida. The multifamily property consists of 40 units, with a sale price of $5,400,000. The total square footage is 53,790, resulting in a price per unit of $135,000 and a price per square foot of $100.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,400,000
• Units: 40
• Square Footage: 53,790
• Price Per Unit: $135,000
• Price Per Square Foot: $100
• Buyer: Cory Reiter
• Seller: Cristobal Gil
• Brokers: Sam Mekras & Deme Mekras - MSP Group

The transaction was facilitated by MSP Group, with Deme Mekras representing the seller and Sam Mekras representing the buyer. The sale of Westview Village Apartments was part of a larger portfolio deal, consisting of three properties, with a total portfolio value of $21,000,000. All property sales were contingent on one another for a simultaneous closing.