Mandy Bartle Acquires Pembroke Pines Multifamily Property From Karen Prieto For $2.35M
SOLD
$2,352,000
Florida
See Similar DealsMultiFamily7,761 SF
Sold 01/30/2026
SOLD
Mandy Bartle Acquires Pembroke Pines Multifamily Property From Karen Prieto For $2.35M
7851 Johnson Street
See Similar DealsMultiFamily7,761 SF
Sold 01/30/2026
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$303
Total Square Footage:7,761 SF
Transaction Type:Sale
This multifamily asset located at 7851 Johnson Street in Pembroke Pines features a total of 12 units and spans 7,761 square feet. The property was sold for $2,352,000, resulting in a price per unit of $196,000 and a price per square foot of $303.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,352,000
- Units: 12
- Square Footage: 7,761
- Price Per Unit: $196,000
- Price Per Square Foot: $303
- Buyer: Mandy Bartle
- Seller: Karen Prieto
- Brokers: Austin M. Michels & Brandon Rex - Marcus & Millichap
- Date: 01/30/2026
Austin M. Michels and Brandon Rex represented both the buyer, Mandy Bartle, and the seller, Karen Prieto, during the transaction. The involvement of Marcus & Millichap is notable in facilitating this deal in the Pembroke Pines market.
Players
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$125,440.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,356.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,149.68
Annual Debt Service$133,796.16
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