Francisco Lagos Marmol Purchases Multifamily Property From Wilfredo Rodriguez In Miami For $2,285,000
310�sw�15�rd
$2,285,000
$106/SF
Building Size
21,468 SF
Asset Type
MultiFamily
Closing
Mar 21, 2019
AI
The property involved in this transaction is a multifamily asset located at 310 Sw 15 Rd in the Miami market. The transaction price for the property is $2,285,000, and it encompasses a total square footage of 21,468.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,285,000.00
- Address: 310 Sw 15 Rd
- Market: Miami
- Square Footage: 21,468
- Buyer: Francisco Lagos Marmol
- Seller: Wilfredo Rodriguez
- Brokers: Arthur Porosoff, Javier Ubeda
The deal features Francisco Lagos Marmol as the buyer and Wilfredo Rodriguez as the seller. The transaction was facilitated by brokers Arthur Porosoff and Javier Ubeda, representing the respective parties in this closed transaction.
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
6.94%
Cash-on-Cash
-1.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93