Joche 13 LLC Acquires Hialeah Multifamily From Alexander Ruiz For $6M
440 E 27th St, Hialeah, FL, USA
$6,000,000
$1,304/SF
Building Size
4,598 SF
Asset Type
MultiFamily
Closing
Sep 30, 2021
AI
The multifamily property located at 440 E 27th St in Hialeah has been sold for a price of $6,000,000. The transaction took place on October 1, 2021. The property is situated in the Hialeah market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,000,000
- Address: 440 E 27th St, Hialeah
- Buyer: Joche 13 LLC
- Seller: Alexander Ruiz
Joche 13 LLC was the buyer of the property, while Alexander Ruiz acted as the seller. The sale of this multifamily property marks a significant transaction in the Hialeah market.
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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93