Arash Gohari Of 27 Capital Acquires Multifamily Property In North Miami For $2.38M

610 Northeast 123rd Street is a multifamily property located in North Miami, consisting of 12 units. The asset, which has a total square footage of 8,310 Sq.Ft, was acquired for a total price of $2,380,000, translating to a price per unit of $198,333 and a price per square foot of $285.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,380,000
• Buyer: Arash Gohari - 27 Capital; Adam Sasouness; Stephen Garchik; Sydne Garchik
• Seller: Johanna Castillo - JC Properties LLC
• Units: 12
• Square Footage: 8,310 Sq.Ft
• Price Per Unit: $198,333
• Price Per Square Foot: $285

27 Capital, represented by Arash Gohari, is focusing on properties in growing markets, as evidenced by this acquisition in North Miami. The approach aims to enhance property values through renovations and strategic marketing, reflecting the fund’s commitment to generating significant returns for its investors.