Elvis Mons Acquires North Miami Multifamily For $9.8M

The multifamily property located at 11950 Northeast 2nd Avenue in North Miami has been sold for a total of $9,800,000. The property consists of 57 units, with a price per unit of $171,930. The total square footage of the property is 45,396, with a price per square foot of $216.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $9,800,000
• Units: 57
• Price Per Unit: $171,930
• Square Footage: 45,396
• Price Per Square Foot: $216
• Address: 11950 Northeast 2nd Avenue, North Miami

The buyer of the property is Elvis Mons, while the seller is the Freshwater Group represented by Alfred Sayegh. Daniel A. Lopez from United Dream Real Estate acted as the buyer's representative, and Felipe Echarte from Marcus & Millichap represented the seller.