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2144 Southwest 6th Street

Coulda Beenyou Purchases Multifamily Asset From Ida Mann For $2.5M In Miami
SOLDMultiFamily

Coulda Beenyou Purchases Multifamily Asset From Ida Mann For $2.5M In Miami

2144 Southwest 6th Street

$2,500,000

$321/SF

Building Size

7,776 SF

Asset Type

MultiFamily

Closing

Dec 23, 2024

AI

The asset involved in this transaction is a multifamily property located at 2144 Southwest 6th Street in Miami. The sale price for the property was $2,500,000, and it boasts a total square footage of 7,776. The price per square foot is $321.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $2,500,000
  • Address: 2144 Southwest 6th Street
  • Market: Miami
  • Square Footage: 7,776
  • Price per Square Foot: $321
  • Buyer: Coulda Beenyou
  • Seller: Ida Mann
  • Broker: Javier A. Ubeda - Compass

The key individuals involved in the deal include the buyer, Coulda Beenyou, and the seller, Ida Mann. Javier A. Ubeda of Compass represented the broker in this transaction. There are indications of multiple similar deals closed recently, including another property in Little Havana.

Players

Javier A. Ubeda

Compass

Broker

$42.5M

vol

13 deals

Broker

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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93