Amr Alian Acquires MultiFamily Property In Miami For $1.3M
SOLD
$1,325,000
Florida
See Similar DealsMultiFamily3,018 SF
Sold 07/17/2023
SOLD
Amr Alian Acquires MultiFamily Property In Miami For $1.3M
441 SW 10th St Miami, FL 33130, USA
See Similar DealsMultiFamily3,018 SF
Sold 07/17/2023
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$439
Total Square Footage:3,018 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$70,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,707.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,281.18
Annual Debt Service$75,374.11
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