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6961 W 14 Ct

Green Ocean View Acquires Multifamily Property In Hialeah For $3.47M
SOLDMultiFamily

Green Ocean View Acquires Multifamily Property In Hialeah For $3.47M

6961 W 14 Ct

$3,470,000

$239/SF

Building Size

14,488 SF

Asset Type

MultiFamily

Closing

Oct 23, 2023

AI

An 18-unit multifamily property located at 6961 W 14 Ct in Hialeah has been sold for $3,470,000. The property spans 14,488 square feet, with each unit costing approximately $192,778. The sale price per square foot is estimated at $240.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,470,000
  • Address: 6961 W 14 Ct, Hialeah
  • Market: Hialeah

The buyer of the property is Green Ocean View, represented by Antonio Feijoo. The seller is Hermilio and Azalea Garcia. The buyer's representative in this deal is Linda Guaida from One Stop Realty Center.

NOTE: No additional details about the transaction were provided.

Players

Linda Guaida

One Stop Realty Center

Broker

$3.5M

vol

1 deal

Broker

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

4.57%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93