Updated Oct 28, 2024
Stephen Thomas- The Tansey Corp Sells Multifamily Property In Miami For $3,150,000
1801 Northwest 54th Street, Miami, Florida 33142, United States
$3,150,000
$265/SF
Building Size
11,880 SF
Asset Type
MultiFamily
Closing
Mar 1, 2022
About this deal
AI
The multifamily property located at 1801 NW 54 Street in Miami has been sold. The sale was facilitated by Virgilio Fernandez from Colliers, who represented the seller Stephen Thomas- The Tansey Corp. The transaction took place on 03/02/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,150,000
- Address: 1801 NW 54 Street
- Market: Miami
The property consists of 24 units with a unit price of $131,250. The total square footage of the property is 11,880, with a price per square foot of $265.
Please note that no additional information was provided regarding the sale.
Miami 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
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93