Daniel Garcia Acquires Multifamily Asset From Prestige Builders For $5.57M In Hialeah

The property involved in this transaction is a multifamily asset located at 443 East 8th Street in Hialeah. The sale price of the property was $5,565,000, with a total of 21 units, all of which are one-bedroom and one-bathroom configurations. The total square footage of the property is 15,000, resulting in a price per unit of $265,000 and a price per square foot of $371.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $5,565,000
• Units: 21
• Price Per Unit: $265,000
• Square Footage: 15,000
• Price Per Square Foot: $371
• Buyer: Daniel Garcia
• Seller: Prestige Builders
• Seller's Representative: Annemarie Daruna - EZ 2 Own Realty LLC
• Buyer's Representative: Andros Sarduy - Synergy Realty Advisors

This transaction was facilitated by Annemarie Daruna representing the seller, Prestige Builders, and Andros Sarduy representing the buyer, Daniel Garcia. The property consists of new construction, featuring all one-bedroom, one-bathroom units.