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25 West 6th Street

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

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

Mitash Kripalani

Colliers

Broker

$137.6M

vol

23 deals

Broker

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