Updated Dec 21, 2023
Rene Sanchez & Sam Jazayri Acquire Multifamily Property In Miami, FL For $2.9M
7155 Northwest 17th Avenue, Miami, Florida 33147, United States
$2,900,000
$243/SF
Building Size
11,926 SF
Asset Type
MultiFamily
Closing
Apr 21, 2022
About this deal
AI
A multifamily property located at 7155 NW 17th Ave in Miami, FL was recently sold for a total price of $2,900,000. The property spans a total area of 11,926 square feet, resulting in a price per square foot of $243.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,900,000
- Address: 7155 NW 17th Ave, Miami, FL
- Market: Miami, FL
The buyers of this multifamily property are Rene Sanchez and Sam Jazayri. The seller of the property is Chekia G. Hill. No additional information regarding the individuals or companies involved in the deal is available.
On the Map
$2,900,000
$243/SF
MultiFamily
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Players
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93