Updated Dec 4, 2024
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
About this deal
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.
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