Updated Dec 21, 2023
David Gorson Acquires Multifamily Property In Hialeah For $4.1M
805 West 30th Street, Hialeah, Florida 33012, United States
$4,075,000
$189/SF
Building Size
21,558 SF
Asset Type
MultiFamily
Closing
Sep 13, 2022
About this deal
AI
The multifamily property located at 805 W 30th St in Hialeah has been sold for $4,075,000. The property consists of 24 units, with each unit having a price per unit of $169,792. The total square footage of the property is 21,558, with a price per square foot of $189.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,075,000
- Address: 805 W 30th St
- Market: Hialeah
The buyer of the property is David Gorson, while the seller is Israel Baez. The deal was facilitated by brokers from Matthews Real Estate Investment Services, including Anthony Marucci, Connor Kerns, Gabriel Pena, and Austin Graham.
On the Map
$4,075,000
$189/SF
MultiFamily
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Players
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
3.89%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93