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3814 W Euclid Ave, Tampa, F...

Updated Oct 29, 2024

Goncmart Holdings LLC Acquires Property From Courtyards Of South Tampa LLC For $8.1M
SOLD

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.

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$8,100,000

$180/SF

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Players

Darron Kattan

Franklin Street

Broker

$376M

vol

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Tampa CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $180 per square foot on a published $8.1M for 45,000 square feet (2024).

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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

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