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Yaneicy Gonzalez Rojas Acquires Multifamily Property From Max Zeff For $9 Million In Miami

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SOLD
$9,000,000

Florida

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MultiFamily23,120 SF
Sold 10/11/2024
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Property Image
SOLD

Yaneicy Gonzalez Rojas Acquires Multifamily Property From Max Zeff For $9 Million In Miami

930 Southwest 2nd Avenue

See Similar Deals
MultiFamily23,120 SF
Sold 10/11/2024
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$389
Total Square Footage:23,120 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 930 Southwest 2nd Avenue in Miami. The sale price for the property was $9,000,000, comprising 32 units. The total square footage of the asset is 23,120, which equates to a price per unit of $281,250 and a price per square foot of $389.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $9,000,000
  • Units: 32
  • Square Footage: 23,120
  • Price Per Unit: $281,250
  • Price Per Square Foot: $389
  • Buyer: Yaneicy Gonzalez Rojas
  • Seller: Max Zeff - Havana Palm Holdings
  • Broker Representatives: Arthur Porosoff & David Cohen - Compass

Yaneicy Gonzalez Rojas is the buyer of the multifamily property, while Max Zeff represents the seller, Havana Palm Holdings. The transaction was facilitated by brokers Arthur Porosoff and David Cohen from Compass, who played a pivotal role in the deal process.

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25 deals$180.7M volume(305) 733-6066
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Details

SOLD
IMAGE: Arthur Porosoff & David Cohen DATE: 10/11/2024 ADDRESS: 930 Southwest 2nd Avenue MARKET: Miami ASSET TYPE: Multifamily BUYER: Yaneicy Gonzalez Rojas SELLER: Max Zeff - Havana Palm Holdings BROKERS: Arthur Porosoff (@ThePorosoffGroup/tagged) & David Cohen (@DavCo2699) - Compass (@Compass) SALE PRICE: $9,000,000 UNITS: 32 ~ PPU: $281,250 SF: 23,120 ~ PPSF: $389

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$480,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,975.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,664.59
Annual Debt Service$511,975.10