Rafael Diaz Acquires Multifamily Property In Hialeah For $6.24M
465 W 11th St, Hialeah, FL, USA
$6,240,000
$302/SF
Building Size
20,626 SF
Asset Type
MultiFamily
Closing
Jun 21, 2021
AI
An multifamily property located at 465 W 11th St in Hialeah has been sold in a recent transaction. The property spans an area of 20,626 square feet and was sold for a total price of $6,240,000, resulting in a price per square foot of $302.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $6,240,000
- Address: 465 W 11th St
- Market: Hialeah
Rafael Diaz served as the buyer in this transaction, while Francisco J. Casanova acted as the seller.
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
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93