Updated Aug 18, 2026
John Sismanoglu Acquires MultiFamily Asset In Hialeah From Jorge Lopez For $10 Million
6680 W 2nd Ct
$10,000,000
$117/SF
Building Size
85,004 SF
Asset Type
MultiFamily
Closing
Feb 21, 2018
About this deal
AI
The property asset involved in the transaction is located at 6680 W 2nd Ct in Hialeah. This multi-family asset has a total square footage of 85,004 and was sold for a transaction amount of $10,000,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $10,000,000.00
- Address: 6680 W 2nd Ct
- Market: Hialeah
- Buyer: John Sismanoglu
- Seller: Jorge Lopez
- Brokers: Arthur Porosoff
The key individuals involved in this transaction include John Sismanoglu as the buyer and Jorge Lopez as the seller, with Arthur Porosoff representing the brokerage side of the deal.
On the Map
$10,000,000
$117/SF
MultiFamily
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Players
Hialeah 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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93