Avenew Realty Sells Multifamily Property In Doral For $1.81M With Seller's Rep Daniel De Grazia & Broker Juan David Reyes
SOLD
$1,810,000
Florida
See Similar DealsMultiFamily5,800 SF
Sold 12/23/2022
SOLD
Avenew Realty Sells Multifamily Property In Doral For $1.81M With Seller's Rep Daniel De Grazia & Broker Juan David Reyes
3349 Nw 84 Ct
See Similar DealsMultiFamily5,800 SF
Sold 12/23/2022
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$312
Total Square Footage:5,800 SF
Transaction Type:Sale
The multifamily property located at 3349 NW 84 Ct in Doral has been sold. The property spans across 4,287 square feet and was sold for a sale price of $1,810,000. The property was initially listed at an asking price of $1,900,000, resulting in a per square foot price of $422.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,810,000
- Address: 3349 NW 84 Ct
- Market: Doral
- Seller: Daniel De Grazia
- Broker: Juan David Reyes - Avenew Realty
Juan David Reyes from Avenew Realty represented Daniel De Grazia as the broker in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,533.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,430.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,580.32
Annual Debt Service$102,963.88
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