Alejandro Gershanik Acquires MultiFamily Property In Dania Beach For $1.1M
25 Southwest 10th Street
$1,100,000
$328/SF
Building Size
3,351 SF
Asset Type
MultiFamily
Closing
Mar 30, 2023
AI
An 11-unit multifamily property located at 25 Southwest 10th Street in Dania Beach has been sold for a total of $1,100,000. The property spans 3,351 square feet, with each unit priced at $100,000. The sale price per square foot stands at $328.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $1,100,000
- Units: 11
- Price per Unit: $100,000
- Square Feet: 3,351
- Price per Square Foot: $328
- Address: 25 Southwest 10th Street, Dania Beach
- Market: Dania Beach
The buyer of the property is Alejandro Gershanik, while the seller is Celeste Bonner-Davis. The deal was facilitated by brokers Hernando Perez and Travis Jones from Horvath & Tremblay.
Players
Market 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93