Updated Dec 4, 2024
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
About this deal
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.
On the Map
$3,600,000
$226/SF
MultiFamily
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Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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