Lurra Capital Acquires Hialeah Multifamily In $7M Deal

Located at 885 E 1st Ave in Hialeah, this multifamily property was recently sold in a closed transaction. The property, owned by Prestige Builders and represented by Alex Ruiz, was purchased by Lurra Capital, with Tyron Birkmeir and Paul Coelho as the buyers. The deal was facilitated by brokers Calum Weaver and Perry Synanidis from Cushman & Wakefield.

Summary of transation details

• Property Type: Multifamily
• Sale Price: $7,000,000
• Units: 28
• Price per Unit (PPU): $250,000
• Square Footage (SF): 18,760
• Price per Square Foot (PPSF): $373

The sale of this multifamily property showcases the successful transaction between Prestige Builders and Lurra Capital. Led by Tyron Birkmeir and Paul Coelho, Lurra Capital made a strategic investment in Hialeah. Their acquisition was facilitated by brokers Calum Weaver and Perry Synanidis from Cushman & Wakefield, who provided their expertise in navigating the deal and ensuring a smooth transaction.