Updated Sep 9, 2024
Gabriel Boano & Daniel Sawicki Acquire Multifamily Property In San Souci For $3.6M
11810 Northeast 19th Drive, North Miami, FL, USA
$3,600,000
$176/SF
Building Size
20,410 SF
Asset Type
MultiFamily
Closing
Sep 2, 2021
About this deal
AI
A multifamily property located at 11810 NE 19th Drive in San Souci has been sold for $3,600,000. The property consists of 13 units with a price per unit of $276,923. The total square footage of the property is 20,410, resulting in a price per square foot of $176. The transaction took place on 09/03/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,600,000
- Units: 13
- Price Per Unit: $276,923
- Square Footage: 20,410
- Price Per Square Foot: $176
- Address: 11810 NE 19th Drive
- Market: San Souci
The buyers of the property are Gabriel Boano and Daniel Sawicki. The seller is Diego Goldfarb. The transaction was facilitated by Deme Mekras of MSP Group LLC, who represented the buyers in the deal.
Note: Looking to buy or sell South Florida multifamily? Give me a call or email me at (786) 671-0149 or [email protected]. Or you can check us out on the web at www.MSPgroup.com.
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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93