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14255-14345�nw�22�ave

Ignacio Murman Purchases Multifamily Asset In Opa Locka From Ken Arnold For $8.2M
SOLDMultiFamily

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:

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

Vicente Rodriguez

Fausto Commercial Realty Consultants

Broker

$63.5M

vol

16 deals

Broker

Ignacio Murman

Buyer

$16.4M

vol

2 deals

Buyer

Ken Arnold

Seller

$11.8M

vol

1 deal

Seller

OpaLocka 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

1.93%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93