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Natasha Falconi Acquires 30-Unit Multifamily Building In Hialeah For $5.275M

Property Image
SOLD
$5,275,000
Virgilio Fernandez
Mitash Kripalani

Florida

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MultiFamily5,000 SF
Sold 12/16/2022
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Property Image
SOLD

Natasha Falconi Acquires 30-Unit Multifamily Building In Hialeah For $5.275M

25 West 6th Street

See Similar Deals
MultiFamily5,000 SF
Sold 12/16/2022
Virgilio Fernandez
Mitash Kripalani
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$1,055
Total Square Footage:5,000 SF
Transaction Type:Sale

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

Mitash Kripalani
Colliers
Mitash Kripalani
23 deals$137.6M volume
BROKER
Virgilio Fernandez
Cushman & Wakefield
Virgilio Fernandez
42 deals$222.9M volume(305) 613-4507
BROKER

Details

SOLD
IMAGE: Virgilio Fernandez & Mitash Kripalani DATE: 12/16/2022 ADDRESS: 25 W 6th Street MARKET: Hialeah ASSET TYPE: Multifamily BUYER: Natasha Falconi SELLER: Winston Apartments Group, Inc BROKERS: Virgilio Fernandez - Colliers International SALE PRICE: $5,275,000 UNITS: 30 ~ PPU: $175,833 NOTE FROM BROKERS: Colliers is pleased to announce the sale of Winston Apartments, a 30 unit apartment building. Let's have a conversation about your property's current value. Our team is able to assist owners and buyers in reaching their investment goals. You may reach Virgilio at (305) 613-4507.

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Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,740.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,006.19
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