Natasha Falconi Acquires 30-Unit Multifamily Building In Hialeah For $5.275M
25 West 6th Street
$5,275,000
$1,055/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Dec 16, 2022
AI
The Winston Apartments, a 30-unit apartment building located at 25 W 6th Street in Hialeah, has been sold for a total of $5,275,000. The property was purchased by Natasha Falconi from the seller, Winston Apartments Group, Inc. The sale was facilitated by Virgilio Fernandez of Colliers International.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,275,000
- Address: 25 W 6th Street
- Market: Hialeah
Colliers International is pleased to announce the successful sale of the Winston Apartments. The 30-unit multifamily property offers a great investment opportunity for owners and buyers looking to achieve their investment goals. For further inquiries, please contact Virgilio Fernandez at (305) 613-4507.
Players
Hialeah 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
3.01%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93