Updated Jun 18, 2026
Camden Living Purchases Development Site From Bastin Joseph For $5 Million In Riverview
13005 Lincoln Road
$5,000,000
$5/SF
Building Size
911,275 SF
Asset Type
Development Site
Closing
May 26, 2026
About this deal
AI
This development site located at 13005 Lincoln Road in the Riverview market has a sale price of $5,000,000. The property spans 911,275 square feet, with a price per square foot of $5.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $5,000,000
- Address: 13005 Lincoln Road
- Market: Riverview
- BSF: 911,275
- PPBSF: $5
- Buyer: Camden Living
- Seller: Bastin Joseph
- Brokers: Jeff Stubins & Juan Romero - Stubins Group
The transaction involved Camden Living as the buyer and Bastin Joseph as the seller, facilitated by brokers Jeff Stubins and Juan Romero from Stubins Group, who represented the sale of the property.
Players
Riverview Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93