Naomi Apartments LLC Acquires Multifamily Property In Hialeah For $2 Million With Alexis Lizama As The Broker

Naomi Apartments LLC acquired a 12-unit multifamily property located at 60-74 West 11th Street in Hialeah for $2 million. The property spans 6,694 square feet, translating to approximately $298.78 per square foot. It consists of three single-story buildings constructed in the years 1953 and 1957, situated on a 0.46-acre R-3/R-3-5-zoned lot.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $2,000,000
• Units: 12
• PPU: $166,667
• SF: 6,694
• PPSF: $299
• Buyer: Naomi Apartments LLC
• Seller: Margoth Ayad
• Broker: Alexis Lizama - Coldwell Banker Commercial Realty

Alexis Lizama represented the buyer in this transaction involving the sale of the multifamily property. The deal highlights the participation of Margoth Ayad as the seller of the asset. The transaction involved a property that held a significant value within the Hialeah market.