Goncmart Holdings LLC Acquires Property From Courtyards Of South Tampa LLC For $8.1M
3814 W Euclid Ave, Tampa, FL, 33629
$8,100,000
$180/SF
Building Size
45,000 SF
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
The property asset involved in the transaction is located at 3814 W Euclid Ave, Tampa, FL, 33629, with a total square footage of 45,000. The transaction price for the property was $8,100,000.00, with the market value also being representative of the Tampa area.
Summary of transaction details:
- Property Type: Not specified
- Transaction Amount: $8,100,000.00
- Buyer: Goncmart Holdings LLC
- Seller: Courtyards of South Tampa LLC
- Buyer's Representative: Darron Kattan-Franklin Street
- Broker: Kevin Kelleher-Franklin Street
The deal was facilitated with the involvement of two primary parties, with Darron Kattan representing the buyer, Goncmart Holdings LLC, while Kevin Kelleher acted as the broker for the transaction. The seller in this deal is Courtyards of South Tampa LLC, completing the transaction within the Tampa market.
Players
Tampa CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93