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Maryam Rahmani Purchases 11-Unit Multifamily Property In Miami For $2.2 Million With Carolina Suarez Rivas As Buyer's Rep

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SOLD
$2,200,000

Florida

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MultiFamily3,473 SF
Sold 08/12/2024
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Property Image
SOLD

Maryam Rahmani Purchases 11-Unit Multifamily Property In Miami For $2.2 Million With Carolina Suarez Rivas As Buyer's Rep

110 Northwest 9th Avenue

See Similar Deals
MultiFamily3,473 SF
Sold 08/12/2024
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$633
Total Square Footage:3,473 SF
Transaction Type:Sale

This multifamily property located at 110 Northwest 9th Avenue in Miami was sold for $2,200,000. The asset consists of 11 units, with each unit priced at $200,000. The total square footage of the property is 3,473, resulting in a price per square foot of $633. The property has been remodeled and includes impact doors and windows throughout, generating over $216,000 in annual revenue.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,200,000
  • Units: 11
  • Price Per Unit: $200,000
  • Square Footage: 3,473
  • Price Per Square Foot: $633
  • Buyer: Maryam Rahmani
  • Seller: Maria Alfaro
  • Buyer's Representative: Carolina Suarez Rivas - Vreeland Real Estate

The transaction was facilitated by Carolina Suarez Rivas, a local Miami realtor. This deal involved an international investor engaging in a 1031 exchange. The Title Law Group provided assistance during the transaction process.

Players

Carolina Suarez Rivas
Vreeland Real Estate
Carolina Suarez Rivas
2 deals$3.3M volume(305) 431-9485
BROKER

Details

SOLD
IMAGE: Carolina Suarez Rivas DATE: 08/20/2024 ADDRESS: 110 Northwest 9th Avenue MARKET: Miami ASSET TYPE: Multifamily BUYER: Maryam Rahmani SELLER: Maria Alfaro BUYER'S REP: Carolina Suarez Rivas (@Carosellsmiami) (@CarolinaMonique.s) - Vreeland Real Estate (@VreelandRealEstate); (@Titlelawgroup), (@GatorPike) SALE PRICE: $2,200,000 UNITS: 11 ~ PPU: $200,000 SF: 3,473 ~ PPSF: $633 NOTE FROM BROKER: A $2.2M acquisition by an international investor in a 1031 exchange. This remodeled 11-unit multifamily property, located near Little Havana, features impact doors and windows throughout and generates over $216,000 annually. Expertly brokered by local Miami realtor Carolina Suarez Rivas. Thank you Title Law Group for assisting us in the transaction! For more investment opportunities, reach out to Carolina at (305) 431-9485.

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