SOLDMultiFamily
Francisco L. Marmol Acquires Multifamily Property In Miami For $6.15M
2601 SW 22nd Ave, Miami, FL, USA
$6,150,000
$865/SF
Building Size
7,105 SF
Asset Type
MultiFamily
Closing
Mar 8, 2021
AI
The multifamily property located at 2601 SW 22nd Ave in Miami was recently sold for a total price of $6,150,000. This property spans approximately 7,105 square feet, resulting in a price per square foot of $866.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $6,150,000
- Buyer: Francisco L. Marmol
- Seller: Carole Shandler Smayda
- Address: 2601 SW 22nd Ave, Miami
- Market: Miami
The buyer in this transaction was Francisco L. Marmol. The seller of the property was Carole Shandler Smayda.
Players
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
2.58%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93