Jacob Ohayon Acquires Multifamily Property In North Miami For $5.88M
SOLD
$5,880,000
+ 1
Florida
See Similar DealsMultiFamily29,176 SF
Sold 12/29/2021
SOLD
Jacob Ohayon Acquires Multifamily Property In North Miami For $5.88M
13210 Memorial Highway, Miami, FL 33161
See Similar DealsMultiFamily29,176 SF
Sold 12/29/2021
+ 1
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$201
Total Square Footage:29,176 SF
Transaction Type:Sale
The multifamily property located at 13210 Memorial Hwy in North Miami has been sold in a recent transaction. The sale took place on 12/29/2021 for a total price of $5,880,000. The property consists of 42 units with a price per unit of $140,000. The total square footage of the property is 29,000, resulting in a price per square foot of $203.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,880,000
- Market: North Miami
Leading the purchase was Jacob Ohayon, who acquired the property. The transaction was facilitated by Harel Bitton of Cromwell & Forbes Inc, who represented Jacob Ohayon as the buyer's broker.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$313,600.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,890.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,874.20
Annual Debt Service$334,490.40
Is there something missing? Send suggestions