Updated Dec 21, 2023
Moshe Lehrer Acquires Package Deal Of 4 Units In Miami For $1.7M
585 Northwest 51st Street
$1,700,000
Units
4
Asset Type
Package Deal
Closing
Jun 12, 2022
About this deal
AI
Moshe Lehrer has purchased a package deal consisting of four properties in Miami. The properties are located at 585 NW 51 Street, 503 NW 47 St, 547 NW 49 St, and 403 NW 49 St. The sale took place on June 13, 2022, with a total transaction amount of $1,700,000. Each of the four properties includes one unit, resulting in a price per unit of $425,000.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $1,700,000
- Units: 4
- Price per Unit: $425,000
Moshe Lehrer, as the buyer, completed the purchase of these properties. The transaction was facilitated by Moshe Lehrer's representative.
On the Map
$1,700,000
Package Deal
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Players
Miami Package Deal Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93