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Bar Invest Group Acquires Single Family Home In Coral Gables For $16M

Property Image
SOLD
$16,000,000
Aurelio Leyva
Manny Varas

Florida

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Single Family Residence7,000 SF
Sold 09/10/2021
the dealplayerscompscontact
Property Image
SOLD

Bar Invest Group Acquires Single Family Home In Coral Gables For $16M

Coral Gables, FL, USA

See Similar Deals
Single Family Residence7,000 SF
Sold 09/10/2021
Aurelio Leyva
Manny Varas
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,285
Total Square Footage:7,000 SF
Transaction Type:Sale

A single-family property located in Coral Gables was recently sold for a total of $16,000,000. The property spans approximately 7,000 square feet, resulting in a price per square foot of $2,286. The transaction took place on 09/10/2021.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $16,000,000

The buyer in this transaction is Jeanne Barbera, represented by Jacques Barbera from Bar Invest Group. On the other hand, the seller is Dr. Brianna Varas, with Manny Varas from MV Group USA serving as their representative. Aurelio Leyva from Leyva International Realty acted as the buyer's representative.

Players

Aurelio Leyva
Aurelio Leyva
3 deals$44.9M volume
BROKER
Bar Invest Group
Bar Invest Group
BUYER
Bar Invest Group
Bar Invest Group
BUYER
Manny Varas
Manny Varas
4 deals$28.2M volume
SELLER
MU
MV Group USA
SELLER

Details

SOLD
IMAGE: Jacques Barbera & Manny Varas DATE: 09/10/2021 MARKET: Coral Gables ASSET TYPE: Single Family BUYER: Jeanne Barbera; Jacques Barbera - Bar Invest Group SELLER: Dr. Brianna Varas; Manny Varas - MV Group USA BUYER'S REP: Aurelio Leyva - Leyva International Realty SALE PRICE: $16,000,000 SF: 7,000 ~ PPSF: $2,286

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$56,844.63
Cash-on-Cash Return-1.27%
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