SOLD
Lurra Capital Acquires Hialeah Multifamily In $7M Deal
885 East 1st Avenue
MultiFamily
18,760 SF
18,760 SF
Sold 1 year ago
Summary
Sale
FLORIDA
MultiFamily
18,760 sqft
Located at 885 E 1st Ave in Hialeah, this multifamily property was recently sold in a closed transaction. The property, owned by Prestige Builders and represented by Alex Ruiz, was purchased by Lurra Capital, with Tyron Birkmeir and Paul Coelho as the buyers. The deal was facilitated by brokers Calum Weaver and Perry Synanidis from Cushman & Wakefield.
Summary of transation details
- Property Type: Multifamily
- Sale Price: $7,000,000
- Units: 28
- Price per Unit (PPU): $250,000
- Square Footage (SF): 18,760
- Price per Square Foot (PPSF): $373
The sale of this multifamily property showcases the successful transaction between Prestige Builders and Lurra Capital. Led by Tyron Birkmeir and Paul Coelho, Lurra Capital made a strategic investment in Hialeah. Their acquisition was facilitated by brokers Calum Weaver and Perry Synanidis from Cushman & Wakefield, who provided their expertise in navigating the deal and ensuring a smooth transaction.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Perry Synanidis
DATE: 05/04/2022
ADDRESS: 885 E 1st Ave
MARKET: Hialeah
ASSET TYPE: Multifamily
BUYER: Lurra Capital - Tyron Birkmeir & Paul Coelho
SELLER: Prestige Builders - Alex Ruiz
BROKERS: Calum Weaver (@WeaverCalum) & Perry Synanidis (@PerrySynanidis) - Cushman & Wakefield (@CushWake)
SALE PRICE: $7,000,000
UNITS: 28 ~ PPU: $250,000
SF: 18,760 ~ PPSF: $373View on map
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Address885 East 1st Avenue
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