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7851 Johnson Street

Mandy Bartle Acquires Pembroke Pines Multifamily Property From Karen Prieto For $2.35M
SOLDMultiFamily

Mandy Bartle Acquires Pembroke Pines Multifamily Property From Karen Prieto For $2.35M

7851 Johnson Street

$2,352,000

$303/SF

Building Size

7,761 SF

Asset Type

MultiFamily

Closing

Jan 29, 2026

AI

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

Brandon Rex

Marcus & Millichap

Broker

$191.8M

vol

25 deals

Broker
Austin M. Michels
Verified Badge

Austin M. Michels

Marcus & Millichap

Broker

$142.1M

vol

32 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Pembroke Pines 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

6.74%

Cash-on-Cash

-1.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93