Updated Dec 4, 2024
Rodolfo Alvarez Acquires Multifamily Property For $1M In Hialeah
334 E 21 St
$1,000,000
$302/SF
Building Size
3,305 SF
Asset Type
MultiFamily
Closing
Aug 31, 2023
About this deal
AI
A multifamily property located at 334 East 21 Street in Hialeah has been sold. The property spans 3,305 square feet and was sold for a total price of $1,000,000, resulting in a price per square foot of $303.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,000,000
- Square Footage: 3,305
- Address: 334 East 21 Street, Hialeah
- Market: Hialeah
The buyer in this transaction is Rodolfo Alvarez, while the seller is Alexander Giron. Representing the buyer and seller were Carlos Fausto Miranda and Felix Richard Ramirez of Fausto Commercial Realty Consultants.
Players
Hialeah MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93