Updated Dec 4, 2024
Evelyn Hsu Acquires Multifamily Property In Florida City For $1.11M
848 Northwest 10th Street
$1,110,000
$303/SF
Building Size
3,660 SF
Asset Type
MultiFamily
Closing
Oct 2, 2023
About this deal
AI
A multifamily property in Florida City has been sold for a price of $1,110,000. The property is located at 848 Northwest 10th Street and consists of 6 units. The price per unit in this transaction was $185,000. The total square footage of the property is 3,660, with a price per square foot of $303.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,110,000
- Address: 848 Northwest 10th Street
- Market: Florida City
- Units: 6
- Price per Unit: $185,000
- Square Footage: 3,660
- Price per Square Foot: $303
Evelyn Hsu has acquired the property from Brandon Shpirt. The deal was facilitated by Sam Mekras of MSP Group LLC, who acted as the broker in this transaction.
On the Map
$1,110,000
$303/SF
MultiFamily
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Florida City 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
14.29%
Cash-on-Cash
-4.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93