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40 northeast 9th street
SOLD

Michael Rauf Acquires 10-Unit Multifamily In Homestead For $1.39M

40 northeast 9th street

MultiFamily
5,448 SF
clock iconSold 1 year ago
Sam  Mekras
Jorge Cruz
the dealplayerscompscontact
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Summary

Sale
FLORIDA
MultiFamily
5,448 sqft

A multifamily property located at 40 Northeast 9th Street in Homestead has been sold for a total price of $1,385,000. The property consists of 10 units, with each unit having a price per unit of $138,500. The total square footage of the property is 5,448, resulting in a price per square foot of $254. The sale was completed on 12/14/2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,385,000
  • Units: 10
  • Price Per Unit: $138,500
  • Square Footage: 5,448
  • Price Per Square Foot: $254

Michael Rauf has purchased the property from Raul Alvarez. Sam Mekras from MSP Group, LLC represented Michael Rauf as the buyer's representative, while Jorge Cruz from Remax represented Raul Alvarez as the seller's representative.

Players

  • All

    4

  • Agents

    2

  • Agencies

    2

Sam  Mekras's profile picture
Sam Mekras
MSP Group-image
Investment Associate
$30.4M Sold
Jorge Cruz's profile picture

Details

Deal Summary
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SOLD
IMAGE: Jorge Cruz & Sam Mekras DATE: 12/14/2022 ADDRESS: 40 Northeast 9th Street MARKET: Homestead ASSET TYPE: Multifamily BUYER: Michael Rauf SELLER: Raul Alvarez BUYER'S REP: Sam Mekras (@Sam_Mekras_MspGroupllc) - MSP Group, LLC SELLER'S REP: Jorge Cruz (@Jorge_TheCruzTeam) - Remax SALE PRICE: $1,385,000 UNITS: 10 ~ PPU: $138,500 SF: 5,448 ~ PPSF: $254

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Address40 northeast 9th street

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