Waldo Toyos Purchases Multifamily Property At 1701 Northwest 27th Avenue For $4.85M With Marcus & Millichap

The property asset involved in the transaction is a multifamily building located at 1701 Northwest 27th Avenue in Miami. The sale price for the asset was $4,850,000. The building contains 30 units, resulting in a price per unit of $161,666. The total square footage of the property is 14,550, which equates to a price per square foot of $333.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,850,000
• Address: 1701 Northwest 27th Avenue
• Market: Miami
• Units: 30
• Price per Unit: $161,666
• Square Footage: 14,550
• Price per Square Foot: $333
• Buyer: Waldo Toyos
• Brokers: Joseph Thomas & Adam Marcuvitz - Marcus & Millichap

Key individuals involved in the deal include buyer Waldo Toyos and brokers Joseph Thomas and Adam Marcuvitz, representing Marcus & Millichap. Their involvement facilitated the transaction of the multifamily asset within the Miami market.