Updated Oct 28, 2024
Rome Cypress LLC Acquires Industrial Property In Tampa For $3.9M
1708 West Cypress Street, Tampa, FL, USA
$3,900,000
$148/SF
Building Size
26,184 SF
Asset Type
Industrial
Closing
Sep 2, 2021
About this deal
AI
A industrial property located at 1708 Cypress St & 902 N Rome Ave in Tampa has been sold for $3,900,000. The property spans across 26,184 square feet, resulting in a price per square foot of $149.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,900,000
- Address: 1708 Cypress St & 902 N Rome Ave, Tampa
- Market: Tampa
The buyer of the property is Rome Cypress LLC, while the sellers are Michael Stewart and Thomas Jaahred.
The industrial sale at 1708 West Cypress Street, Tampa, FL, USA in Tampa, Florida sold for $3.9M in 2021. The building is 26,184 square feet, implying about 148 per square foot on the published price. This page is the Tampa, Florida file for the 1708 West Cypress Street, Tampa, FL, USA industrial sold: pricing, party profiles, and other closed industrial comps from the same Tampa sit in the Market section below. Filter that Tampa industrial set by closing date to see what else sold near 1708 West Cypress Street, Tampa, FL, USA around 2021. Published consideration for 1708 West Cypress Street, Tampa, FL, USA is $3.9M, dated 2021. Cite this Rome Cypress LLC Acquires Industrial Property In Tampa For $3.9M sale when underwriting similar industrial product around Tampa, Florida.
Players
Tampa Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93