Updated Mar 5, 2025
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
About this deal
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:
- Property Type: MultiFamily
- Transaction Amount: $9,950,000.00
- Buyer: Mana Wynwood
- Seller: Avra Jain and Joseph Del Vecchio
- Brokers: Tony Arellano, DWNTWN Realty Advisors
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.
On the Map
$9,950,000
MultiFamily
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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
1.59%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93