Updated Dec 4, 2024
Building Size
261,360 SF
Asset Type
MultiFamily
Closing
Jan 4, 2024
About this deal
AI
A multifamily property in Homestead has been sold for $1,900,000. The property spans 261,360 square feet, with a price per square foot of $7. The transaction took place on January 4, 2024.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,900,000
The buyer of the property is Yoan Valiente. The seller, Armando Bravo, represented by Luis Gonzalez of Bravo and Partners, facilitated the sale.
Yoan Valiente Acquires Multifamily Property In Homestead For $1.9M is logged as a multifamily sale on Traded (2024). The building is 261,360 square feet, implying about 7 per square foot on the published price. Luis Gonzalez, Armando Bravo, Bravo & Partners Realty appear on the sale alongside Bravo & Partners Realty. This page is the market file for the Yoan Valiente Acquires Multifamily Property In Homestead For $1.9M multifamily sold: pricing, party profiles, and other closed multifamily comps from the same area sit in the Market section below. Cite this Yoan Valiente Acquires Multifamily Property In Homestead For $1.9M sale when underwriting similar multifamily product.
Players
Market 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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93