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930 Sw 2nd Avenue

Yaneicy Gonzalez Rojas Purchases MultiFamily Asset At 930 Sw 2nd Avenue For $9 Million
SOLDMultiFamily

Yaneicy Gonzalez Rojas Purchases MultiFamily Asset At 930 Sw 2nd Avenue For $9 Million

930 Sw 2nd Avenue

$9,000,000

$389/SF

Building Size

23,120 SF

Asset Type

MultiFamily

Closing

Oct 11, 2024

AI

The property involved in this transaction is located at 930 Sw 2nd Avenue in Miami. It is a MultiFamily asset with a square footage of 23,120 and was sold for a price of $9,000,000.00.

Summary of transaction details:

Yaneicy Gonzalez Rojas has acquired the property from seller Max Zeff. The transaction was facilitated by brokers Arthur Porosoff and David Cohen, who represent the brokerage firm Horvath & Tremblay in this deal.

Players

David Cohen

Horvath & Tremblay

Broker

$67.3M

vol

10 deals

Broker

Yaneicy Gonzalez Rojas

Buyer

$12.9M

vol

2 deals

Buyer

Max Zeff

Seller

$3.2M

vol

1 deal

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

1.76%

Cash-on-Cash

-0.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93