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9550 Northwest 20th Avenue

Jacqueline Tapia Acquires Multifamily In Miami For $3.3M
SOLDMultiFamily

Jacqueline Tapia Acquires Multifamily In Miami For $3.3M

9550 Northwest 20th Avenue

$3,275,000

$389/SF

Building Size

8,414 SF

Asset Type

MultiFamily

Closing

Jun 10, 2022

AI

The multifamily property located at 9550 NW 20th Ave in Miami has been sold for $3,275,000. The transaction took place on 06/10/2022. The property consists of 14 units, with a price per unit of $233,929. The total square footage of the property is 8,414, and the price per square foot is $389.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,275,000
  • Units: 14
  • Price per Unit: $233,929
  • Square Footage: 8,414
  • Price per Square Foot: $389
  • Address: 9550 NW 20th Ave, Miami
  • Market: Miami

The buyer of the property is Jacqueline Tapia, while the seller is Alberto Fernandez. The transaction was facilitated by Bibiana Pelaez from Canvas Real Estate.

For further inquiries about investing in South Florida or selling your property, you can contact Bibiana Pelaez at (786) 326-6807 or [email protected].

Players

Bibiana Pelaez Lopez

Canvas Real Estate

Broker

$7.8M

vol

3 deals

Broker

Miami 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

4.84%

Cash-on-Cash

-1.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93