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1560 Southwest 5th Street

Robin Chicly Purchases Multifamily Asset In Miami From Arnaldo Perez For $1.875M
SOLDMultiFamily

Robin Chicly Purchases Multifamily Asset In Miami From Arnaldo Perez For $1.875M

1560 Southwest 5th Street

$1,875,000

$255/SF

Building Size

7,326 SF

Asset Type

MultiFamily

Closing

Aug 14, 2025

AI

The property involved in this transaction is a multifamily asset located at 1560 Southwest 5th Street in Miami. The sale price was $1,875,000, and the property has a total square footage of 7,326, resulting in a price per square foot of $255.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,875,000
  • Address: 1560 Southwest 5th Street
  • Market: Miami
  • Square Footage: 7,326
  • Price Per Square Foot: $255
  • Buyer: Robin Chicly
  • Seller: Arnaldo Perez
  • Seller's Representatives: Carl Gorman & Ricardo Lay - APEX Capital Realty; Ron Mann - MCG Realty Advisors

This transaction featured the involvement of Robin Chicly as the buyer, while Arnaldo Perez served as the seller. The seller's representatives included Carl Gorman and Ricardo Lay from APEX Capital Realty, along with Ron Mann from MCG Realty Advisors, ensuring comprehensive support throughout the deal.

Players

Ron Mann

MCG Realty Advisors

Broker

$31.6M

vol

10 deals

Broker
APEX Capital Realty
APEX Capital RealtyBrokerage

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

8.46%

Cash-on-Cash

-2.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93