Michael Aleman & Brandon Krips Purchase Multifamily Property From Jonathan Parker For $2.88M In Miami

The asset involved in this transaction is a multifamily property located at 1306 Northwest 61 Street & 7000 Northwest 8th Avenue, situated in the Miami market. The sale price of the property was $2,880,000, comprising a total of 18 units. The property spans a total area of 12,307 square feet, resulting in a price per unit of $160,000 and a price per square foot of $234.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,880,000
• Units: 18
• Square Footage: 12,307
• Price Per Unit: $160,000
• Price Per Square Foot: $234
• Buyer: Michael Aleman & Brandon Krips
• Seller: Jonathan Parker
• Seller's Representatives: Julian Zuniga & Gerard Yetming, Damian Johnson - Colliers

The transaction was facilitated by the seller's representatives, Julian Zuniga and Gerard Yetming alongside Damian Johnson, all of whom are affiliated with Colliers. Their involvement underscores the collaborative effort behind the consummation of this multifamily asset sale.