Alejandro Gershanik Acquires 21-Unit Multifamily Portfolio From K&M Apartments For $3.45M

A multifamily portfolio consisting of three properties located at 570 Northeast 145th Street, 555-565 NE 149th Street, and 16178 Northeast 19th Place was sold for $3,450,000. The total portfolio comprises 21 units with a price per unit of $164,286. The combined square footage of the properties is 16,250, resulting in a price per square foot of $212.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,450,000
• Buyer: Alejandro Gershanik
• Seller: Keith & Michelle Hall - K&M Apartments Inc
• Buyer's Representative: Alejandro Gershanik - BM2 Realty
• Seller's Representative: Hernando Perez - Horvath & Tremblay
• Number of Units: 21
• Market: North Miami, Miami & North Miami Beach

The closed sale prices for each property within the portfolio include 16178 NE 19th Pl (6-unit) sold for $1,045,000, 555-565 NE 149th St. (8-unit) sold for $1,320,000, and 570 NE 145th Street (7-unit) sold for $1,085,000, contributing to a total of $3,450,000 for the entire transaction.