facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

1345 Sw 37 Ave

Hector Flores Acquires Multifamily Property In Miami From Yves Trokel For $2.3M
SOLDMultiFamily

Hector Flores Acquires Multifamily Property In Miami From Yves Trokel For $2.3M

1345 Sw 37 Ave

$2,300,000

$836/SF

Building Size

2,749 SF

Asset Type

MultiFamily

Closing

Mar 3, 2023

AI

The multifamily property located at 1345 SW 37 Ave in Miami has been sold for a total of $2,300,000. The property consists of 5 units, resulting in a price per unit of $460,000. The total square footage of the property is 2,749, making the price per square foot $837.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Units: 5
  • Price per Unit: $460,000
  • Total Square Footage: 2,749
  • Price per Square Foot: $837

Hector Flores has acquired the property from Yves Trokel. Josephine Markferding from The Canero Group represented Hector Flores as the buyer's representative, while Gabriela Rodino from Gabriela Rodino Group LLC represented Yves Trokel as the seller's representative.

Players

Josephine Markferding

The Canero Group

Broker

$6.3M

vol

2 deals

Broker

Hector Flores

Buyer

$6.3M

vol

2 deals

Buyer

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93