Jason Richardson Acquires $6.3M Miami Mansion From Jeff Aririguzo
$6,300,000
$715/SF
Building Size
8,801 SF
Asset Type
Single Family
Closing
Sep 11, 2023
AI
Retired NBA player Jason Richardson has purchased a Miami mansion on a 1.15-acre estate for $6.3 million from e-commerce entrepreneur Jeff Aririguzo. The property, located in Miami, features five bedrooms, a gym, a pool, and an outdoor kitchen. The 8,801-square-foot mansion marks a significant price increase of 68% within a year since Aririguzo's purchase.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,300,000
- Asset Type: Single Family
- Acres: 1.15
- Buyer: Jason Richardson
- Seller: Jeff Aririguzo
- Buyer's Rep: Giselle Bonetti & Megan Clark - Coldwell Banker
- Seller's Rep: Jorge Uribe - One Sotheby's International Realty
In this deal, the buyer, Jason Richardson, was represented by Giselle Bonetti and Megan Clark from Coldwell Banker. On the other hand, the seller, Jeff Aririguzo, was represented by Jorge Uribe from One Sotheby's International Realty.
Players
Market Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.52%
Cash-on-Cash
-0.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93