SOLDMultiFamily
Yoan Valiente Acquires Multifamily Property In Homestead For $1.9M
$1,900,000
$7/SF
Building Size
261,360 SF
Asset Type
MultiFamily
Closing
Jan 4, 2024
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.
Players
Market 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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93