Disney Ferras Acquires Multifamily Asset In Hialeah, FL For $4.1M

Located at 1350 West 29th Street in Hialeah, FL, this multifamily property was recently sold in a transaction facilitated by Eduardo Azofra from Fortune International Realty, representing the seller, Benny Alvarez, and George Smith from SMITH Commercial Property Group, representing the buyer, Disney Ferras. The property consists of 20 units, offering a total square footage of 10,041. The asking price for this property was $4,350,000, and it was sold for $4,100,000, resulting in a price per unit of $205,000. The price per square foot was $408.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,100,000
• Units: 20
• Price per Unit: $205,000
• Square Footage: 10,041
• Price per Square Foot: $408
• Address: 1350 West 29th Street, Hialeah, FL
• Market: Hialeah, FL

Representing the buyer, Disney Ferras, George Smith from SMITH Commercial Property Group played a crucial role in securing the transaction. On the other hand, Eduardo Azofra from Fortune International Realty served as the seller's representative, ensuring a smooth sale. This deal highlights the expertise and negotiation skills of these professionals in the real estate industry.