Douglas Hirsh Enterprises Acquires Largo Property From Kimball Key LLC For $20.4 Million
11300 66th St N, Largo, FL, 33773
$20,400,000
$122/SF
Building Size
166,208 SF
Asset Type
—
Closing
Nov 22, 2023
About this deal
AI
The property asset involved in the transaction is located at 11300 66th St N, Largo, FL, 33773. The transaction was completed for a price of $20,400,000.00 and encompasses a total area of 166,208 square feet, situated in the Largo market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $20,400,000.00
- Address: 11300 66th St N, Largo, FL, 33773
- Market: Largo
- Seller: Kimball Key LLC
- Buyer: Douglas Hirsh Enterprises
- Seller's Representative: Michael Cregan (CBRE)
This transaction involved Douglas Hirsh Enterprises as the buyer, acquiring the property from Kimball Key LLC, with the representation of Michael Cregan from CBRE serving as the seller's representative in this deal.
On the Map
$20,400,000
$122/SF
View full map
Players
Largo CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael Cregan to view all their deals.
Browse Florida sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.78%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93