Updated Dec 4, 2024
Iron Capital USA And Lucid Investments Group Acquire Miami MultiFamily For $6.75M
3127 Southwest 27th Avenue
$6,750,000
$519/SF
Building Size
13,000 SF
Asset Type
MultiFamily
Closing
Sep 21, 2023
About this deal
AI
A multi-family property located at 3127 Southwest 27th Avenue in Miami has recently been sold for a total price of $6,750,000. The property consists of six units with a price per unit of $1,125,000. The total area of the property is 13,000 square feet, resulting in a price per square foot of $519.
Summary of Transaction Details
- Property Type: MultiFamily
- Transaction Amount: $6,750,000
- Units: 6
- Price Per Unit: $1,125,000
- Total Square Feet: 13,000
- Price Per Square Foot: $519
- Address: 3127 Southwest 27th Avenue, Miami
The buyers of the property are Iron Capital USA, represented by Bruno Benevides, and Lucid Investments Group, represented by Andrew Rasken. The deal was facilitated by the brokers Patricia Villati and Leandro Seguro from Deal Flow Realty.
On the Map
$6,750,000
$519/SF
MultiFamily
View full map
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Patricia Villati to view all their deals.
Browse Florida multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.35%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93