Updated Dec 20, 2023
Marcus & Millichap Brokers $4.57M Sale Of Miami Multifamily Property On Northwest 95th Street
1400 Northwest 95th Street, Miami, FL, USA
$4,572,000
$168/SF
Building Size
27,218 SF
Asset Type
MultiFamily
Closing
Dec 21, 2020
About this deal
AI
An apartment building located at 1400 Northwest 95th Street in Miami has been sold in a recent transaction. The multifamily property was sold on 12/22/2020 for a total price of $4,572,000. The building consists of 36 units, making the price per unit approximately $127,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,572,000
- Address: 1400 Northwest 95th Street, Miami
- Market: Miami
The deal was facilitated by brokers Ryan Nee, Evan P. Kristol, and Felipe J. Echarte from Marcus & Millichap. They represented the parties involved in the transaction.
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Ryan Nee to view all their deals.
Browse Florida multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.47%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93