Victor Gil Purchases MultiFamily Asset In Shenandoah From Arthur Porosoff For $5,750,000
1895 Sw 22nd St
$5,750,000
$352/SF
Building Size
16,314 SF
Asset Type
MultiFamily
Closing
Aug 19, 2022
AI
A multi-family property was sold located at 1895 Sw 22nd St in the Shenandoah market. The asset encompasses 16,314 square feet and the transaction was completed for a total price of $5,750,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,750,000.00
- Address: 1895 Sw 22nd St
- Market: Shenandoah
- Square Footage: 16,314
- Buyer: Victor Gil
- Seller: Arthur Porosoff
- Brokers: Arthur Porosoff, Javier Ubeda, David Cohen (Horvath & Tremblay)
The sale involved Victor Gil as the buyer and Arthur Porosoff as the seller. The brokers representing the transaction were Arthur Porosoff, Javier Ubeda, and David Cohen from Horvath & Tremblay, showcasing a collaborative effort by the brokerage team in facilitating this deal.
Players
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
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93