Carlos Torres Purchases Multifamily Asset From Alejandro Gershanik For $4.93M In Miami

The property asset involved in the transaction is a multifamily property located at 1528 Northwest 3rd Street in the Miami market. It comprises 24 units over a total area of 15,187 square feet. The sale price was set at $4,930,000, which translates to a price per unit of $205,416 and a price per square foot of $324.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,930,000
• Units: 24
• Square Footage: 15,187
• Price Per Unit: $205,416
• Price Per Square Foot: $324
• Buyer: Carlos Torres
• Seller: Alejandro Gershanik
• Seller's Representative: Alejandro Gershanik - BM2 Realty

The deal was conducted with Carlos Torres as the buyer, acquiring the property from Alejandro Gershanik, who also represented himself in the transaction through BM2 Realty. This direct representation illustrates the involvement of the seller in the negotiations alongside the promotion of the asset.