Updated Dec 4, 2024
Alejandro Villalobos Buys Multifamily Property In Miami For $1M
2324 Northwest 9th Street
$1,000,000
$85/SF
Building Size
11,700 SF
Asset Type
MultiFamily
Closing
Jun 6, 2024
About this deal
AI
The multifamily property located at 2324 Northwest 9th Street in Miami was sold for $1,000,000. Spanning 11,700 square feet, the property was purchased by Alejandro Villalobos from seller Ramiro Osorio Gomez. The transaction was facilitated by brokers Christopher Carbonell and Mauricio Villasuso from Fausto Commercial Realty Consultants, with a price per square foot of $85.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Address: 2324 Northwest 9th Street
- Market: Miami
- Square Footage: 11,700
- Buyer: Alejandro Villalobos
- Seller: Ramiro Osorio Gomez
- Brokers: Christopher Carbonell & Mauricio Villasuso - Fausto Commercial Realty Consultants
- Price Per Square Foot: $85
Mauricio Villasuso and Christopher Carbonell of Fausto Commercial Realty Consultants played crucial roles in ensuring the success of this transaction. Their expertise and negotiation skills were instrumental in bringing together buyer Alejandro Villalobos and seller Ramiro Osorio Gomez, resulting in the seamless sale of the multifamily property in Miami.
On the Map
$1,000,000
$85/SF
MultiFamily
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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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93