facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

324 West 74th Place

Fabiola Albuquerque Of Hialeah7Town LLC Acquires Multifamily Property In Hialeah For $2.3M
SOLDMultiFamily

Fabiola Albuquerque Of Hialeah7Town LLC Acquires Multifamily Property In Hialeah For $2.3M

324 West 74th Place

$2,300,000

$399/SF

Building Size

5,754 SF

Asset Type

MultiFamily

Closing

Nov 26, 2024

AI

The property involved in the transaction is a multifamily asset located at 324 West 74th Place in Hialeah. It has a sale price of $2,300,000 and consists of 7 units within a total square footage of 5,754. The property spans an area of 0.27 acres and was built in 1988.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Units: 7
  • Price Per Unit: $328,571
  • Square Footage: 5,754
  • Price Per Square Foot: $400
  • Buyer: Fabiola Albuquerque - Hialeah7Town, LLC
  • Seller: Prestige Companies
  • Broker: Billy Planes - Re/Max 360

Notably, Hialeah7Town, LLC is the buyer of the property and was represented in this transaction by Fabiola Albuquerque. Prestige Companies, the seller, engaged the services of broker Billy Planes from Re/Max 360 to facilitate the deal.

Players

Billy Planes

Re/Max

Broker

$9.7M

vol

3 deals

Broker

Hialeah 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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93