Dundas Real Estate Investments Acquires Property From Ellis & Company For $9.15M In Tampa
4001 N Armenia Ave, Tampa, FL, 33607
$9,150,000
$88/SF
Building Size
103,298 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property asset involved in this transaction is located at 4001 N Armenia Ave, Tampa, FL, 33607. It was sold for a price of $9,150,000.00 and covers a total area of 103,298 square feet. The property is situated in the Tampa market.
Summary of transaction details:
- Property Type: Sale
- Transaction Amount: $9,150,000.00
- Square Footage: 103298
- Address: 4001 N Armenia Ave, Tampa, FL, 33607
- Market: Tampa
- Buyer: Dundas Real Estate Investments
- Seller: Ellis & Company, LTD
- Buyer's Representative: John Hotchkiss-Vantix Realty Group
The deal involved Dundas Real Estate Investments as the buyer, with representation provided by John Hotchkiss of Vantix Realty Group. The seller in this transaction was Ellis & Company, LTD.
Tampa CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Visit Vantix Realty Group 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
1.73%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93