Updated Aug 13, 2026
Olympus Property Acquires MultiFamily Asset In Miami For $45,900,000 On August 25, 2025
1420 Nw 15th Ave.
$45,900,000
Units
132
Asset Type
MultiFamily
Closing
Aug 25, 2025
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 1420 Nw 15th Ave, Miami, FL, comprising a total of 132 units. The price for the property was set at $45,900,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $45,900,000.00
- Address: 1420 Nw 15th Ave.
- Market: Miami, FL
- Units: 132
- Buyer: Olympus Property
- Sale Date: 08/25/2025
Olympus Property was the buyer in this transaction, acquiring the MultiFamily asset. No additional representatives or broker details were provided in the context of this deal.
On the Map
$45,900,000
MultiFamily
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Players
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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93