Bar Invest Group Acquires Single Family Home In Coral Gables For $16M
Coral Gables, FL, USA
$16,000,000
$2,285/SF
Building Size
7,000 SF
Asset Type
Single Family Residence
Closing
Sep 10, 2021
AI
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
Coral Gables 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
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93