Alejandro Gershanik Acquires Multifamily Property In Homestead From Alex Mantecon
320 SW 11 Ave, Homestead, Florida 33030, United States
$4,166,667
Building Size
—
Asset Type
MultiFamily
Closing
Jun 19, 2022
AI
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
Homestead MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.81%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93