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441 SW 10th St Miami, FL 33...

Amr Alian Acquires MultiFamily Property In Miami For $1.3M
SOLDMultiFamily

Amr Alian Acquires MultiFamily Property In Miami For $1.3M

441 SW 10th St Miami, FL 33130, USA

$1,325,000

$439/SF

Building Size

3,018 SF

Asset Type

MultiFamily

Closing

Jul 17, 2023

AI

A multi-family property located at 441 SW 10 St in Miami has been sold in a transaction. The property consists of 6 units with a total square footage of 3,018. The sale price for the property was $1,325,000, resulting in a per unit price of $220,833 and a price per square foot of $439.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $1,325,000
  • Units: 6
  • Per Unit Price: $220,833
  • Square Footage: 3,018
  • Price per Square Foot: $439
  • Address: 441 SW 10 St, Miami

The buyer in this transaction is Amr Alian, while Ramon Hernandez is the seller. Leor Fidler of Silmar Realty served as the broker representing both parties in the deal.

Players

Leor Fidler

Silmar Realty

Broker

$9M

vol

9 deals

Broker
Amr Alian

Amr Alian

Miami Vice Properties

Buyer

$13.1M

vol

7 deals

Buyer

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

11.97%

Cash-on-Cash

-3.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93