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310 Sw 15th Rd

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

Francisco Marmol Purchases MultiFamily Property From Wilfredo Rodriguez In Miami For $2,285,000

310 Sw 15th Rd

$2,285,000

$210/SF

Building Size

10,874 SF

Asset Type

MultiFamily

Closing

Mar 21, 2019

AI

The property asset involved in this transaction is a MultiFamily asset located at 310 Sw 15th Rd in Miami. The asset has a total square footage of 10,874 and was sold for a transaction amount of $2,285,000.00.

Summary of transation details:

The key individuals involved in this transaction include the buyer, Francisco Marmol, and the seller, Wilfredo Rodriguez. The transaction was facilitated by brokers Arthur Porosoff and Javier Ubeda, representing the respective parties in the deal.

Players

Arthur Porosoff

Broker
Broker

Francisco Marmol

Buyer

$15.3M

vol

3 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