Updated Dec 21, 2023
Bill Jamal Acquires Multifamily Property In Hallandale, FL For $4.4M
128 West 2nd Avenue, Hialeah, Florida 33012, United States
$4,400,000
$1,543/SF
Building Size
2,850 SF
Asset Type
MultiFamily
Closing
May 19, 2022
About this deal
AI
The multifamily property located at 128 W 2nd Ave in Hallandale, FL has been sold. The transaction took place on May 20, 2022. The property spans 2,850 square feet and was sold for a price of $4,400,000, resulting in a price per square foot of $1,543.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,400,000
- Address: 128 W 2nd Ave, Hallandale, FL
- Square Footage: 2,850
- Price per Square Foot: $1,543
Bill Jamal acted as the buyer in this transaction, while Juan Petrizzo was the seller.
NOTE: No additional details are available about the deal.
Players
Hialeah 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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93