Updated Dec 21, 2023
Maykel Segui Acquires Multifamily Property On Atlantic Ave, Opa-locka For $3.8M
2301 Atlantic Avenue, Opa Locka, Florida 33054, United States
$3,800,000
$187/SF
Building Size
20,247 SF
Asset Type
MultiFamily
Closing
Jun 27, 2022
About this deal
AI
A multifamily property located at 2301 Atlantic Ave in Opa-locka has been sold for a total of $3,800,000. The property consists of 24 units with an average price per unit of $158,333. The total square footage of the property is 20,247 with a price per square foot of $188. The transaction took place on June 28, 2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Units: 24
- Price per Unit: $158,333
- Square Footage: 20,247
- Price per Square Foot: $188
- Address: 2301 Atlantic Ave, Opa-locka
- Market: Opa-locka
The buyer of the property is Maykel Segui and the seller is Jimmy Jose. Benjamin Mandel, representing Mandel Realty Corporation, acted as the seller's representative in the deal.
Players
Opa Locka 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93