Updated Dec 21, 2023
Arthur Vetancourt Acquires Package Deal In Miami Beach For $4M
833 W 39 Street & 5208 Alton Rd
$4,000,000
$263/SF
Building Size
7,605 SF
Asset Type
Package Deal
Closing
Feb 10, 2023
About this deal
AI
An off-market package deal in Miami Beach has been sold for $4,000,000. The transaction included two properties located at 833 W 39th Street and 5208 Alton Road. The total square footage of the properties is 7,605, resulting in a price per square foot of $526.
Summary of transaction details
- Property Type: Package Deal
- Transaction Amount: $4,000,000
- Address: 833 W 39 Street & 5208 Alton Rd
- Market: Miami Beach
The buyer in this deal was Arthur Vetancourt, while the seller was Amr Alian. Representing the seller was Michael Maakar from InterConnect Realty.
On the Map
$4,000,000
$263/SF
Package Deal
View full map
Players
Austin Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Maakar to view all their deals.
Browse Austin package deal sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93