Vivian Williams Acquires Multifamily Property In Miami From Jesse Stamler
1322 Northwest 105th Street, Miami, Florida 33147, United States
$3,000,000
$294/SF
Building Size
10,191 SF
Asset Type
MultiFamily
Closing
May 24, 2022
AI
The multifamily property located at 1322 NE 105th St in Miami, FL has been sold. The transaction took place on May 25, 2022, with Vivian Williams as the buyer and Jesse Stamler as the seller. The property spans 10,191 square feet and was sold for a price of $3,000,000, resulting in a price per square foot of $294.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Address: 1322 NE 105th St, Miami, FL
- Buyer: Vivian Williams
- Seller: Jesse Stamler
- Square Footage: 10,191
- Price per Square Foot: $294
Vivian Williams, represented by their broker at the deal, successfully acquired the multifamily property from Jesse Stamler. The transaction represents a significant investment in the Miami, FL market.
Players
Miami 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93