facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

6918 Barquera St

Zoila Avila Trust Acquires Single Family Residence In Miami For $1.415M From Duane And Marguerite Banks
SOLDSingle Family Residence

Zoila Avila Trust Acquires Single Family Residence In Miami For $1.415M From Duane And Marguerite Banks

6918 Barquera St

$1,415,000

$736/SF

Building Size

1,922 SF

Asset Type

Single Family Residence

Closing

Feb 8, 2024

AI

The property asset involved in this transaction is a Single Family Residence located at 6918 Barquera St in the Miami market. The residence has a sale price of $1,415,000.00 and encompasses a total square footage of 1922.0.

Summary of transaction details:

The transaction features Zoila Avila Trust as the buyer, while the sellers are Duane Banks and Marguerite Banks. The brokers facilitating the deal are Lynley Ciorbea from BHHS EWM Realty and Charlie Rua from Rua Realty, representing their respective clients in this closed transaction.

Players

Charlie Rua

Rua Realty

Broker

$35.3M

vol

22 deals

Broker

Zoila Avila Trust

Buyer
Buyer
ZT
Zoila Avila TrustBuyer

Duane Banks

Seller
Seller

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.21%

Cash-on-Cash

-3.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93