Michael Sirven Acquires Multifamily Property From Marc Hargraves In Homestead For $880,000

The property involved in this transaction is a multifamily asset located at 1303 Northwest 12th Street in Homestead. The sale price for this asset was $880,000, consisting of 4 units, making the price per unit $220,000. The total square footage of the property is 3,348, which translates to a price per square foot of $262.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $880,000
• Units: 4
• Price Per Unit: $220,000
• Square Footage: 3,348
• Price Per Square Foot: $262
• Buyer: Michael Sirven
• Seller: Marc Hargraves
• Broker: Sam Mekras - MSP Group

This transaction highlights the involvement of Michael Sirven as the buyer and Marc Hargraves as the seller. The brokering was handled by Sam Mekras of MSP Group, who facilitated the sale of both 1303 and 1315 NW 12th Street in Homestead, resulting in a total of 4 adjacent units transacted.