Rolando Delgado Acquires Modular/Mobile Homes In Homestead,FL From Sergio Pino For $6.5M
601 Northeast 3rd Avenue, Homestead, Florida 33030, United States
$6,500,000
$10/SF
Building Size
638,172 SF
Asset Type
Other
Closing
Feb 7, 2022
AI
Rolando Delgado has purchased the modular/mobile homes located at 601 NW 3rd Ave in Homestead, FL from Sergio Pino. The transaction took place on February 8, 2022, with a sale price of $6,500,000.
Summary of transaction details
- Property Type: Modular/Mobile Homes
- Transaction Amount: $6,500,000
- Address: 601 NW 3rd Ave, Homestead, FL
- Market: Homestead, FL
Rolando Delgado acted as the buyer in this transaction, while Sergio Pino was the seller. Both parties successfully closed the deal, securing the purchase of the modular/mobile homes in Homestead, FL.
Players
Homestead 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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93