facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

2010 Sw 25th Terrace

Rami Fakhoury Purchases Multifamily Asset In Miami From Alfredo Borges For $6,915,000
SOLDMultiFamily

Rami Fakhoury Purchases Multifamily Asset In Miami From Alfredo Borges For $6,915,000

2010 Sw 25th Terrace

$6,915,000

$187/SF

Building Size

36,874 SF

Asset Type

MultiFamily

Closing

Oct 28, 2021

AI

The property involved in this transaction is a multifamily asset located at 2010 Sw 25th Terrace in the Miami market. The property encompasses 36,874 square feet and was sold for $6,915,000.00.

Summary of transaction details:

The transaction saw Rami Fakhoury as the buyer and Alfredo Borges as the seller. The brokerage firms were represented by Arthur Porosoff and Javier Ubeda, facilitating the closing of this multifamily asset deal.

Players

Arthur Porosoff

Broker
Broker

Rami Fakhoury

Buyer

$8.1M

vol

1 deal

Buyer

Alfredo Borges

Seller

$1.1M

vol

1 deal

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

2.29%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93