facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

6465 Northwest 2nd Avenue

Tali Raphaely Acquires Miami Multifamily From Magloire Labranche For $3.6M
SOLDMultiFamily

Tali Raphaely Acquires Miami Multifamily From Magloire Labranche For $3.6M

6465 Northwest 2nd Avenue

$3,600,000

$226/SF

Building Size

15,900 SF

Asset Type

MultiFamily

Closing

Nov 10, 2023

AI

An undisclosed multifamily property in Miami has been sold for a total price of $3,600,000. The property, located at 6465 Northwest 2nd Avenue, consists of 21 units with a total square footage of 15,900. The sale price per unit was $171,429 and the price per square foot was $226.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,600,000
  • Units: 21
  • Price Per Unit: $171,429
  • Square Footage: 15,900
  • Price Per Square Foot: $226
  • Address: 6465 Northwest 2nd Avenue, Miami

Tali Raphaely was the buyer in this transaction, while Magloire Labranche acted as the seller. The deal was facilitated by Sharif Bula from Eleventrust Real Estate Services.

Players

Sharif Bula

ElevenTrust Real Estate Services

Broker

$35.2M

vol

8 deals

Broker

Tali Raphaely

Buyer

$10.5M

vol

3 deals

Buyer

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93