Mario Interan Acquires Multifamily Property In Miami Springs For $1.5 Million With Ernie Perez & Alfredo Diaz
460 Eldron Drive
$1,500,000
$239/SF
Building Size
6,258 SF
Asset Type
MultiFamily
Closing
Jul 20, 2025
AI
The multifamily asset located at 460 Eldron Drive, in the Miami Springs market, has been sold for $1,500,000. The property comprises 6 units, with a price per unit of $250,000. The total square footage of the asset is 6,258, resulting in a price per square foot of $239.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Buyer: Mario Interan
- Seller: Charles Sauer
- Buyer's Representative: Ernie Perez - Gridline Properties
- Seller's Representative: Alfredo Diaz - The Canero Group
- Units: 6
- SF: 6,258
- PPU: $250,000
- PPSF: $239
Ernie Perez represents the buyer, Mario Interan, while Alfredo Diaz represents the seller, Charles Sauer, in this transaction. The collaboration of the brokerage firms, Gridline Properties and The Canero Group, facilitated the deal.
Players
Miami Springs 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93