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
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