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201 Southwest 21st Court, M...

Francisco Lagos Marmol & Delgado Leonardo Jr Acquire 5& Family Property In Miami, FL From Gilbert A. Contreras For $4.1M
SOLDMultiFamily

Francisco Lagos Marmol & Delgado Leonardo Jr Acquire 5& Family Property In Miami, FL From Gilbert A. Contreras For $4.1M

201 Southwest 21st Court, Miami, Florida 33135, United States

$4,135,000

$1,672/SF

Building Size

2,472 SF

Asset Type

MultiFamily

Closing

May 25, 2022

AI

The property at 201 SW 21st CT in Miami, FL has been sold in a recent transaction. This 5+ family asset spans across 2,472 square feet of space. The selling price for this property was $4,135,000, resulting in a price per square foot of $1,672.

Summary of transaction details

  • Property Type: 5+ Family
  • Transaction Amount: $4,135,000
  • Address: 201 SW 21st CT, Miami, FL
  • Market: Miami, FL

The buyer of the property is Francisco Lagos Marmol and Delgado Leonardo Jr, while the seller is Gilbert A. Contreras.

Players

Gilbert A. Contreras

Seller

$17.7M

vol

3 deals

Seller

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

3.84%

Cash-on-Cash

-1.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93