Updated Sep 5, 2024
Camilo Caroso Acquires Miami Springs Multifamily For $1.35M
157 Curtiss Parkway, Miami Springs, FL 33166, USA
$1,350,000
$442/SF
Building Size
3,054 SF
Asset Type
MultiFamily
Closing
Mar 23, 2023
About this deal
AI
The multifamily property located at 157 Curtiss Parkway in Miami Springs has been sold in a closed transaction. The property consists of 5 units with a total square footage of 3,054. The sale price for this transaction was $1,350,000, resulting in a price per unit of $270,000 and a price per square foot of $442.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Address: 157 Curtiss Parkway
- Market: Miami Springs
The buyer for this transaction is Camilo Caroso, while the seller is Daniel Perez. Representing the buyer is Javier Sarabia from Portal Real Estate. On the seller's side, Sarah Jansik and Kaitlin Stadnik from Real Estate Experts acted as the seller's representatives.
Players
Market 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
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93