Vargas Capital Acquires Multifamily Property In Coral Gables For $1.73M

A multifamily property located at 473 Mendoza Avenue in Coral Gables has been sold for a total price of $1,730,000. The property spans 4,400 square feet, resulting in a price per square foot of $393. The transaction involved the sale of 8 units, with a price per unit of $216,250. The buyer of the property was Vargas Capital, while the seller was Gran Ritchie. Brokers involved in the transaction included Julian Zuniga, Gerard Yetming, Mitash Kripalani, and Virgilio Fernandez.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,730,000
• Address: 473 Mendoza Avenue, Coral Gables
• Market: Coral Gables
• Square Footage: 4,400
• Price per Square Foot: $393
• Units: 8
• Price per Unit: $216,250
• Buyer: Vargas Capital
• Seller: Gran Ritchie
• Brokers: Julian Zuniga, Gerard Yetming, Mitash Kripalani, Virgilio Fernandez

The sale of the property at 473 Mendoza Avenue was facilitated by brokers Julian Zuniga, Gerard Yetming, Mitash Kripalani, and Virgilio Fernandez. These individuals played a key role in representing the buyer, Vargas Capital, and the seller, Gran Ritchie, throughout the transaction.