Updated Sep 5, 2024
Haynier Moya Acquires Multifamily Property In Miami For $1.06M From Seller Estate Of Otilia Hernandez
838 Northwest 4th Street, Miami, FL, USA
$1,060,000
$141/SF
Building Size
7,500 SF
Asset Type
MultiFamily
Closing
Sep 16, 2021
About this deal
AI
The multifamily property located at 838 N.W. 4 Street in Miami has been sold for a total price of $1,060,000. The sale took place on 09/16/2021. The property consists of 8 units, with each unit having a price per unit (PPU) of $132,500. The total square footage of the property is 7,500, resulting in a price per square foot (PPSF) of $141.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,060,000
- Units: 8
- Price per Unit (PPU): $132,500
- Square Footage: 7,500
- Price per Square Foot (PPSF): $141
The buyer of the property is Haynier Moya, while the seller is the Estate of Otilia Hernandez. The brokers involved in the transaction are Virgilio Fernandez from Colliers and Carlos M. Sotolongo.
On the Map
$1,060,000
$141/SF
MultiFamily
View full map
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Carlos M. Sotolongo to view all their deals.
Browse Florida multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.97%
Cash-on-Cash
-4.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93