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Lurra Capital Acquires Multifamily Property In Shenandoah, Miami For $6.4M

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SOLD
$6,400,000

Florida

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MultiFamily19,000 SF
Sold 10/26/2021
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SOLD

Lurra Capital Acquires Multifamily Property In Shenandoah, Miami For $6.4M

2162 Southwest 14th Terrace, Miami, FL, USA

See Similar Deals
MultiFamily19,000 SF
Sold 10/26/2021
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$336
Total Square Footage:19,000 SF
Transaction Type:Sale

The multifamily property located at 2162 SW 14th Terrace in Shenandoah, Miami has been sold. The transaction took place on October 26, 2021. The property, consisting of 24 units, spans a total area of 19,000 square feet.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $6,400,000
  • Asking Price: $6,500,000
  • Price per Unit: $266,667
  • Price per Square Foot: $337
  • Buyer: Lurra Capital
  • Seller: AB Asset Management - Getzy Fellig & Sam Zalmanov
  • Broker: Calum Weaver - Cushman & Wakefield

The selling price of the property was $6,400,000, slightly lower than the initial asking price of $6,500,000. Lurra Capital successfully acquired the property from AB Asset Management, with representation from Getzy Fellig & Sam Zalmanov. The transaction was facilitated by Calum Weaver from Cushman & Wakefield.

Players

Calum Weaver
30 deals$621.2M volume
BROKER

Cushman & Wakefield
BROKERAGE


3 deals$43.3M volume
SELLER

4 deals$64.3M volume
SELLER

Details

SOLD
IMAGE: Getzy Fellig & Sam Zalmanov DATE: 10/26/2021 ADDRESS: 2162 SW 14th Terrace MARKET: Shenandoah, Miami ASSET TYPE: Multifamily BUYER: Lurra Capital SELLER: AB Asset Management - Getzy Fellig & Sam Zalmanov BROKER: Calum Weaver - Cushman & Wakefield ASKING PRICE: $6,500,000 SALE PRICE: $6,400,000 UNITS: 24 ~ PPU: $266,667 SF: 19,000 ~ PPSF: $337

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Debt Service Coverage Ratio (DSCR)

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