Updated Oct 29, 2024
465 W 11th Street Multifamily In Hialeah Sells For $10.1M With Buyer's Rep Gustavo Quintanilla & Seller
465 West 11th Street
$10,100,000
$256/SF
Building Size
39,370 SF
Asset Type
MultiFamily
Closing
Jan 12, 2023
About this deal
AI
The multifamily property located at 465 West 11th Street in Hialeah has been sold in a recent transaction. The property spans across 39,370 square feet and consists of 46 units. The sale price for the property was $10,100,000, resulting in a price per unit of $219,565 and a price per square foot of $257.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $10,100,000
- Address: 465 West 11th Street, Hialeah
- Market: Hialeah
- Units: 46
- Price per Unit: $219,565
- Square Footage: 39,370
- Price per Square Foot: $257
The buyer, , acquired the property from the seller, . Representing the buyer in this transaction was Gustavo Quintanilla from GQ Real Estate Services.
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
1.57%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93