Updated May 21, 2026
Silver Cover Property Holdings Acquires 18-Unit Multifamily In Miami For $6.9M
2010 Southwest 25th Terrace, Miami, Florida 33133, United States
$6,915,000
$461/SF
Building Size
15,000 SF
Asset Type
MultiFamily
Closing
Oct 26, 2021
About this deal
AI
A multifamily property located at 2010 SW 25th Terrace in Miami has been sold in a recent transaction. The property consists of 18 units with a total square footage of 15,000. The sale price for this property was $6,915,000, resulting in a price per unit of $384,167 and a price per square foot of $461.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,915,000
- Units: 18
- Price per Unit: $384,167
- Total Square Footage: 15,000
- Price per Square Foot: $461
The buyer of this property is Silver Cover Property Holdings, while the seller is Freddy Borges. The deal was facilitated by brokers David Cohen, Arthur Porosoff, and Jonathan Karlik from Compass.
On the Map
$6,915,000
$461/SF
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
2.29%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93