Ignacio Murman Purchases Multifamily Asset In Opa Locka From Ken Arnold For $8.2M
14255-14345�nw�22�ave
$8,200,000
$210/SF
Building Size
39,018 SF
Asset Type
MultiFamily
Closing
Dec 19, 2019
AI
A multi-family property located at 14255-14345 Nw 22 Ave in Opa Locka has been sold for $8,200,000.00. The total square footage of the asset is 39,018, demonstrating its size and potential as a residential investment in the market.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $8,200,000.00
- Address: 14255-14345 Nw 22 Ave
- Market: Opa Locka
- Asset Size: 39,018 SF
- Buyer: Ignacio Murman
- Seller: Ken Arnold
- Brokers: Arthur Porosoff, Vicente Rodriguez (Fausto Commercial Realty Consultants)
The transaction features Ignacio Murman as the buyer, acquiring the property from seller Ken Arnold. The deal was facilitated by brokers Arthur Porosoff and Vicente Rodriguez, who represent Fausto Commercial Realty Consultants in this transaction.
Players
OpaLocka 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