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Diego Bonet Acquires Land In Tampa For $10M From Leroy Moore And Bank Of America Community Redevelopment Corp

Property Image
SOLD
$10,000,000

Florida

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Land87,000 SF
Sold 04/20/2023
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Property Image
SOLD

Diego Bonet Acquires Land In Tampa For $10M From Leroy Moore And Bank Of America Community Redevelopment Corp

1101 E Harrison St, Tampa, FL 33602

See Similar Deals
Land87,000 SF
Sold 04/20/2023
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Land
Price Per Square Foot:$114
Total Square Footage:87,000 SF
Transaction Type:Sale

The property involved in the transaction is a piece of land located at 1101 E. Harrison St in Tampa. It spans approximately 87,000 square feet and was sold for a total price of $10,000,000, resulting in a price-per-square-foot value of $115.

Summary of transaction details

  • Property Type: Land
  • Transaction Amount: $10,000,000
  • Buyer: Diego Bonet - LD&D
  • Seller: Leroy Moore - Tampa Housing Authority & Bank of America Community Redevelopment Corp
  • Broker: Cushman & Wakefield
  • Lender: Maxim Capital Group

Diego Bonet, represented by LD&D, acquired the land from Leroy Moore, who represented the Tampa Housing Authority & Bank of America Community Redevelopment Corp, through the assistance of Cushman & Wakefield as the broker. The loan for the transaction was provided by Maxim Capital Group.

Players

DB
LD&D
Diego Bonet
3 deals$44.3M volume
BUYER
Bank of America
Bank of America
SELLER
TA
Tampa Housing Authority
SELLER
Maxim Capital Group
Maxim Capital Group
LENDER

Details

SOLD
IMAGE: Diego Bonet DATE: 04/20/2023 ADDRESS: 1101 E. Harrison St MARKET: Tampa ASSET TYPE: Land BUYER: Diego Bonet (@Diego_Bonet) - LD&D (@Lineaire_Designs) SELLER: Leroy Moore - Tampa Housing Authority & Bank of America Community Redevelopment Corp (@BankOfAmerica) BROKER: Cushman & Wakefield (@Cushwake) LENDER: Maxim Capital Group SALE PRICE: $10,000,000 SF: 87,000 ~ PPSF: $115

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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