Updated Oct 28, 2024
Healeah Residence Voa Affordable Housing LP Acquires Multifamily Property In Hialeah For $17.04M
1280 W 46th St, Hialeah, FL, USA
$17,040,000
$187/SF
Building Size
90,663 SF
Asset Type
MultiFamily
Closing
Jun 14, 2021
About this deal
AI
The multifamily property located at 1280 W 46th St in Hialeah has been sold. The transaction took place on June 15, 2021. The buyer, Healeah Residence Voa Affordable Housing LP, acquired the property from the seller, Kimberly Black King, for a total sale price of $17,040,000. The property spans 90,663 square feet, resulting in a price per square foot of $188.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $17,040,000
- Address: 1280 W 46th St, Hialeah
- Market: Hialeah
- Square Feet: 90,663
- Price per Square Foot: $188
- Buyer: Healeah Residence Voa Affordable Housing LP
- Seller: Kimberly Black King
The buyer, Healeah Residence Voa Affordable Housing LP, was represented by their broker in the transaction. However, no additional information regarding the representation of the seller was provided.
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
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93