Armando Bravo's Bravo And Partners Acquires Three Lakes MultiFamily For $4.12M
SOLD
$4,120,149
Florida
See Similar DealsMultiFamily159,895 SF
Sold 06/27/2023
SOLD
Armando Bravo's Bravo And Partners Acquires Three Lakes MultiFamily For $4.12M
SW 136th St & SW 132nd Ave Three Lakes, FL 33186, USA
See Similar DealsMultiFamily159,895 SF
Sold 06/27/2023
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$25
Total Square Footage:159,895 SF
Transaction Type:Sale
A multifamily property located at Sw 136 St /Sw 132 Avenue in the Three Lakes market has been sold for a price of $4,120,149. The property spans a total area of 159,895 square feet, resulting in a price per square foot of $26.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $4,120,149
- Address: Sw 136 St /Sw 132 Avenue
- Market: Three Lakes
The transaction saw Armando Bravo from Bravo and Partners acquiring the property from Maria Fernanda Nazareth Menin Teixeirade Souza Maia. Representing the buyer was Lazaro Vilarchao from Realty Quest Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$219,741.30
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,638.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,531.61
Annual Debt Service$234,379.30
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