Updated Sep 5, 2024
Jesus Casanova Acquires Miami Multifamily From Susana Mayberry For $2.5M
4037 SW 65th Ave Miami, FL 33155, USA
$2,500,000
$173/SF
Building Size
14,453 SF
Asset Type
MultiFamily
Closing
May 12, 2023
About this deal
AI
A multi-family property located at 4037 Southwest 65th Avenue in Miami has been sold for $2,500,000. The property has a total area of 14,453 square feet, resulting in a price per square foot of $173. The transaction took place on May 12, 2023.
Summary of transation details
- Property Type: MultiFamily
- Transaction Amount: $2,500,000
- Square Footage: 14,453
- Price Per Square Foot: $173
- Address: 4037 Southwest 65th Avenue, Miami
- Buyer: Jesus Casanova
- Seller: Susana Mayberry
- Seller's Representative: Gisela "Gigi" Freeman & Denis S. Alvarez - Luxe Properties
The buyer in this transaction is Jesus Casanova, while the seller is Susana Mayberry. Representing the seller is Gisela "Gigi" Freeman and Denis S. Alvarez from Luxe Properties.
Players
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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93