Jacob Ohayon Acquires Multifamily Property In Little Havana For $5.5M

The multifamily property located at 326 Southwest 13th Avenue in Little Havana, Miami has been sold for a price of $5,550,000. The property consists of 40 units, with an average price per unit of $138,750. The total square footage of the property is 24,986, with a price per square foot of $222.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $5,550,000
• Units: 40
• Price per Unit: $138,750
• Square Footage: 24,986
• Price per Square Foot: $222
• Market: Little Havana - Miami

The buyer of the property is Jacob Ohayon. The sale was facilitated by Luis Riascos from Lifestyle International Realty, acting as the broker for Jacob Ohayon in this transaction. Luis Riascos represented the buyer throughout the deal.

The broker, Luis Riascos, has mentioned that this asset in Little Havana will undergo a full renovation. Jacob Ohayon is actively looking to expand his portfolio and is interested in off-market opportunities in the area. The finished product of the repositioned building will be available soon.