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10101 Coral Creek Road, Cor...

Marc Silverman & Patti Silverman Acquire Miscellaneous Asset In Miami, FL For $4.3M
SOLDOther

Marc Silverman & Patti Silverman Acquire Miscellaneous Asset In Miami, FL For $4.3M

10101 Coral Creek Road, Coral Gables, Florida 33156, United States

$4,300,000

Building Size

Asset Type

Other

Closing

Jan 23, 2022

AI

A miscellaneous property located at 10101 Coral Creek Rd in Miami, FL was sold for a price of $4,300,000. The transaction took place on January 24, 2022.

Summary of transaction details

  • Property Type: Miscellaneous
  • Transaction Amount: $4,300,000
  • Buyer: Marc Silverman & Patti Silverman
  • Seller: Pedro F. Villar
  • Address: 10101 Coral Creek Rd, Miami, FL
  • Market: Miami, FL

Marc Silverman & Patti Silverman were the buyers of the property, while Pedro F. Villar served as the seller.

Players

Pedro F. Villar

Seller

$17.3M

vol

2 deals

Seller

Coral Gables Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93