Alejandro Gershanik Acquires Multifamily Property In Homestead, FL For $973,000
845 Southwest 6th Street
$973,000
$307/SF
Building Size
3,160 SF
Asset Type
MultiFamily
Closing
Mar 17, 2023
AI
A multifamily property located at 845 Southwest 6th Street in Homestead, FL, has been sold for a total of $973,000. The property consists of 8 units with an average price per unit of $121,625. The total square footage is 3,160, resulting in a price per square foot of $308.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $973,000
- Units: 8
- Price Per Unit: $121,625
- Square Footage: 3,160
- Price Per Square Foot: $308
- Address: 845 Southwest 6th Street, Homestead, FL
- Market: Homestead
Alejandro Gershanik purchased the property from Piero Pezzia. The deal was facilitated by Sam Mekras from MSP Group.
Players
Market 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
16.30%
Cash-on-Cash
-4.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93