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3321 Nw 22nd Ave

Cindy McNulty Purchases 3321 Nw 22nd Ave Multifamily Property From Gerardo Fojo For $1,625,000
SOLDMultiFamily

Cindy McNulty Purchases 3321 Nw 22nd Ave Multifamily Property From Gerardo Fojo For $1,625,000

3321 Nw 22nd Ave

$1,625,000

$92/SF

Building Size

17,656 SF

Asset Type

MultiFamily

Closing

Dec 15, 2015

AI

The property involved in this transaction is a multi-family asset located at 3321 Nw 22nd Ave in the Miami market. The sale was finalized for a price of $1,625,000, covering a total square footage of 17,656.

Summary of transation details:

The deal involved key individuals, including buyer Cindy McNulty, who acquired the property from seller Gerardo Fojo. The transaction was facilitated by brokers Arthur Porosoff and Vicente Rodriguez from Fausto Commercial Realty Consultants, along with Landy Toledo from Marcus & Millichap, representing the respective parties in this transaction.

Players

Landy Toledo

Marcus & Millichap

Broker

$156M

vol

7 deals

Broker

Cindy McNulty

Buyer
Buyer

Gerardo Fojo

Seller
Seller

Miami 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

9.76%

Cash-on-Cash

-2.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93