Javier Despaux Purchases Multifamily Assets From Pedro Camejo & Anthony Ortego For $3.7M

The multifamily assets involved in this transaction include four addresses: 63 Northeast 10th Street, 1788 Southwest 7th Street, Southwest 376 Street & 187th Avenue located in the Homestead, Miami & Florida City market. This sale transaction was completed for a total of $3,702,400. The property consists of 17 units, which translates to a per unit price of $217,788. The total square footage of the property is 12,922, equating to a price per square foot of $287.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,702,400
• Units: 17
• Price Per Unit: $217,788
• Square Footage: 12,922
• Price Per Square Foot: $287
• Buyer: Javier Despaux
• Seller: Pedro Camejo & Anthony Ortego
• Brokers: Jonathan De La Rosa, Felipe Echarte & Eduardo Toledo - Marcus & Millichap

The transaction featured key individuals, with Javier Despaux acting as the buyer while Pedro Camejo and Anthony Ortego served as the sellers. The representatives from Marcus & Millichap involved in this deal were Jonathan De La Rosa, Felipe Echarte, and Eduardo Toledo.