Yariel Herrera Purchases Multifamily Property From Richard Quezada In Miami For $850,000
Nw 17 Ave
$850,000
$335/SF
Building Size
2,534 SF
Asset Type
MultiFamily
Closing
Mar 7, 2025
AI
The property asset involved in the transaction is a multifamily unit located at 329 Northwest 17th Avenue in Miami. The sale price for this asset was $850,000, featuring a total of 4 units. The total square footage of the property is 2,534, translating to a price per unit of $212,500 and a price per square foot of $335.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $850,000
- Buyer: Yariel Herrera
- Seller: Richard Quezada
- Broker: Ambarina Pernia - Real Estate Sales Force (RESF)
- Units: 4
- Square Footage: 2,534
- Price Per Unit: $212,500
- Price Per Square Foot: $335
Ambarina Pernia is noted for her expertise in multifamily real estate transactions and holds a Master’s degree in International Real Estate. She plays a crucial role in representing buyers like Yariel Herrera in acquiring properties and is known for helping clients expand their investment portfolios.
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
18.66%
Cash-on-Cash
-5.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93