facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

905 W 29th St

Hecotr Mata Purchases MultiFamily Property At 905 W 29th St From Alex Rigueiro For $1,650,000
SOLDMultiFamily

Hecotr Mata Purchases MultiFamily Property At 905 W 29th St From Alex Rigueiro For $1,650,000

905 W 29th St

$1,650,000

$126/SF

Building Size

13,094 SF

Asset Type

MultiFamily

Closing

Apr 7, 2014

AI

The property asset involved in this transaction is a MultiFamily building located at 905 W 29th St in the Miami market. The asset encompasses a square footage of 13,094 and was sold for a total price of $1,650,000.00.

Summary of transaction details:

This transaction involved Hecotr Mata as the buyer and Alex Rigueiro as the seller. The deal was represented by brokers Arthur Porosoff and Jorge Ruiz from Premier Properties, providing expertise in the closing transaction.

Players

Jorge Ruiz

Premier Properties

Broker

$27.8M

vol

5 deals

Broker

Hecotr Mata

Buyer
Buyer

Alex Rigueiro

Seller
Seller

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93