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Alejandro Gershanik Acquires Multifamily Property In Homestead From Alex Mantecon

Property Image
SOLD
$4,166,667
Alejandro Gershanik
Virgilio Fernandez
AM

Florida

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MultiFamily
Sold 06/20/2022
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Property Image
SOLD

Alejandro Gershanik Acquires Multifamily Property In Homestead From Alex Mantecon

320 SW 11 Ave, Homestead, Florida 33030, United States

See Similar Deals
MultiFamily
Sold 06/20/2022
Alejandro Gershanik
Virgilio Fernandez
AM
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Transaction Type:Sale

A multifamily property located at 320, 312, 280, 260, 250 & 240 SW 11 Avenue in Homestead has been sold. The transaction took place on 06/20/2022. The buyer of the property is Alejandro Gershanik, while the seller is Alex Mantecon. The deal was facilitated by Virgilio Fernandez from Colliers. The sale price of the property was $4,166,667. The property consists of 32 units, with a price per unit of $130,208.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,166,667
  • Address: 320, 312, 280, 260, 250 & 240 SW 11 Avenue, Homestead
  • Market: Homestead
  • Buyer: Alejandro Gershanik
  • Seller: Alex Mantecon
  • Broker: Virgilio Fernandez - Colliers
  • Units: 32
  • Price Per Unit: $130,208

If you are interested in discussing the current value of your property or exploring investment opportunities, feel free to contact Virgilio Fernandez at (305) 613-4507.

Players

Virgilio Fernandez
Cushman & Wakefield
Virgilio Fernandez
42 deals$222.9M volume(305) 613-4507
BROKER
AM
Alex Mantecon
2 deals$16.2M volume
SELLER

Details

SOLD
IMAGE: Alejandro Gershanik & Virgilio Fernandez DATE: 06/20/2022 ADDRESS: 320, 312, 280, 260, 250 & 240 SW 11 Avenue MARKET: Homestead ASSET TYPE: Multifamily BUYER: Alejandro Gershanik (@AleGershanik) SELLER: Alex Mantecon BROKER: Virgilio Fernandez (@Vboundless) - Colliers SALE PRICE: $4,166,667 UNITS: 32 ~ PPU: $130,208 NOTE FROM BROKER: Let’s have a conversation about your property’s current value. Virgilio is able to assist owners and buyers in reaching their investment goals. Please call (305) 613-4507 for on and off market opportunities.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,803.29
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