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361 Los Pinos Place

Alessandro Scarsini Purchases Coral Gables Single Family Home For $13.325M With Brokers Miguel Solis & Lourdes Alatriste
SOLDStudent Housing

Alessandro Scarsini Purchases Coral Gables Single Family Home For $13.325M With Brokers Miguel Solis & Lourdes Alatriste

361 Los Pinos Place

$13,325,000

$1,604/SF

Building Size

8,305 SF

Asset Type

Student Housing

Closing

Feb 3, 2025

AI

This asset is a single-family home located at 361 Los Pinos Place in the Coral Gables market. The property has a sale price of $13,325,000 and features a total square footage of 8,305, resulting in a price per square foot of $1,604.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $13,325,000
  • Address: 361 Los Pinos Place
  • Market: Coral Gables
  • Square Footage: 8,305
  • Price per Square Foot: $1,604
  • Buyer: Alessandro Scarsini
  • Brokers: Miguel Solis & Lourdes Alatriste - Douglas Elliman

Miguel Solis and Lourdes Alatriste, representing Douglas Elliman, facilitated the transaction for the buyer Alessandro Scarsini, who acquired the property.

Players

Lourdes Alatriste

Douglas Elliman

Broker

$535.9M

vol

38 deals

Broker

Coral Gables Student Housing Market Snapshot

Boundary boundary · Student Housing · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.19%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93