Updated Oct 25, 2024
Willie Logan Acquires Multifamily Property In Opa Locka From Andrew P. Burnes For $9.6M
13105 NW 30th Ave, Opa-locka, FL, USA
$9,586,400
$455/SF
Building Size
21,066 SF
Asset Type
MultiFamily
Closing
Aug 5, 2021
About this deal
AI
The multifamily property located at 13105 NW 30th Ave in Opa Locka has been sold in a recent transaction. The property spans across 21,066 square feet and was sold for a total price of $9,586,400, resulting in a price per square foot of $455.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $9,586,400
- Address: 13105 NW 30th Ave
- Market: Opa Locka
The buyer of the property is Willie Logan, while the seller is Andrew P. Burnes.
The multifamily sale at 13105 NW 30th Ave, Opa-locka, FL, USA in Opa Locka, Florida sold for $9.6M in 2021. The building is 21,066 square feet, implying about 455 per square foot on the published price. Named participants on the 13105 NW 30th Ave, Opa-locka, FL, USA sale are Willie Logan. This page is the Opa Locka, Florida file for the 13105 NW 30th Ave, Opa-locka, FL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Opa Locka sit in the Market section below. Filter that Opa Locka multifamily set by closing date to see what else sold near 13105 NW 30th Ave, Opa-locka, FL, USA around 2021. Published consideration for 13105 NW 30th Ave, Opa-locka, FL, USA is $9.6M, dated 2021. Cite this Willie Logan Acquires Multifamily Property In Opa Locka From Andrew P. Burnes For $9.6M sale when underwriting similar multifamily product around Opa Locka, Florida.
Players
Opa Locka 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
1.65%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93