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310�sw�15�rd

Francisco Lagos Marmol Purchases Multifamily Property From Wilfredo Rodriguez In Miami For $2,285,000
SOLDMultiFamily

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:

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

Arthur Porosoff

Broker
Broker

Francisco Lagos Marmol

Buyer

$25M

vol

5 deals

Buyer

Wilfredo Rodriguez

Seller
Seller

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