Updated Aug 18, 2026
Francisco Lagos Marmol Acquires MultiFamily Property From Timothy Kingcade For $2,860,000 In Miami
350�sw�15�rd
$2,860,000
$149/SF
Building Size
19,169 SF
Asset Type
MultiFamily
Closing
Nov 15, 2018
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 350 Sw 15 Rd in the Miami market. The property has a total square footage of 19,169 and was sold for $2,860,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,860,000.00
- Address: 350 Sw 15 Rd
- Market: Miami
- Square Footage: 19,169
- Buyer: Francisco Lagos Marmol
- Seller: Timothy Kingcade
- Brokers: Arthur Porosoff, Javier Ubeda
This transaction involved Francisco Lagos Marmol as the buyer purchasing the property from seller Timothy Kingcade. Arthur Porosoff and Javier Ubeda were the brokers representing the buyer and seller in this deal.
On the Map
$2,860,000
$149/SF
MultiFamily
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Miami 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
5.55%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93