facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

2000 2094 Nw 5th Pl

Mana Wynwood Acquires Multifamily Asset In Miami From Avra Jain And Joseph Del Vecchio For $9.95M
SOLDMultiFamily

Mana Wynwood Acquires Multifamily Asset In Miami From Avra Jain And Joseph Del Vecchio For $9.95M

2000 2094 Nw 5th Pl

$9,950,000

Building Size

Asset Type

MultiFamily

Closing

Jul 6, 2015

AI

The property asset involved in the transaction is a MultiFamily type located at 2000 2094 Nw 5th Pl in Miami. The transaction was completed at a price of $9,950,000.00.

Summary of transaction details:

The deal was brokered by Tony Arellano, who represents DWNTWN Realty Advisors in the transaction involving the sale between Mana Wynwood and the sellers Avra Jain and Joseph Del Vecchio.

Players

Tony Arellano
Verified Badge

Tony Arellano

DWNTWN Realty Advisors

Broker

$1.6B

vol

152 deals

Broker
MW
Mana WynwoodBuyer

Avra Jain

Seller

$76.2M

vol

12 deals

Seller

Miami 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

1.59%

Cash-on-Cash

-0.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93