Updated Dec 21, 2023
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
About this deal
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.
The multifamily sale at 465 W 11th St, Hialeah, FL, USA in Hialeah, Florida sold for $6.2M in 2021. The building is 20,626 square feet, implying about 302 per square foot on the published price. Named participants on the 465 W 11th St, Hialeah, FL, USA sale are Rafael Diaz. This page is the Hialeah, Florida file for the 465 W 11th St, Hialeah, FL, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Hialeah sit in the Market section below. Filter that Hialeah multifamily set by closing date to see what else sold near 465 W 11th St, Hialeah, FL, USA around 2021. Published consideration for 465 W 11th St, Hialeah, FL, USA is $6.2M, dated 2021. Cite this Rafael Diaz Acquires Multifamily Property In Hialeah For $6.24M sale when underwriting similar multifamily product around Hialeah, Florida.
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