Updated Oct 29, 2024
Ignacio Murman's Steelblock Acquires Multifamily Property In Opa-locka For $8.2M
13300 Alexandria Drive, Opa-locka, FL, USA
$8,200,000
$124/SF
Building Size
66,000 SF
Asset Type
MultiFamily
Closing
Oct 25, 2020
About this deal
AI
A multifamily property located at 13300 Alexandria Drive in Opa-locka has been sold for $8,200,000. The property spans 66,000 square feet, resulting in a price per square foot of $124. It consists of 72 units, with an average price per unit of $113,889. The transaction took place on October 26, 2020.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $8,200,000
- Address: 13300 Alexandria Drive
- Market: Opa-locka
- Square Footage: 66,000
- Price per Square Foot: $124
- Number of Units: 72
- Price per Unit: $113,889
The buyer of the property was Ignacio Murman, representing Steelblock, while the seller was Jorge Lopez from The Lopez Companies. The transaction was facilitated by Tomas Sulichin from elatedISgRealty.
On the Map
$8,200,000
$124/SF
MultiFamily
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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
1.93%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93