Robert B. Boos Of Boos Development Acquires 54 Acres From Carole Baskin For $19.5M
12802 Easy Street
$19,500,000
Building Size
—
Asset Type
Land
Closing
Jan 14, 2025
AI
The property asset involved in this transaction is a 54-acre parcel of land located at 12802 Easy Street in Tampa. It was sold for a price of $19,500,000. The land, formerly part of Big Cat Rescue, is located in a notable area and is set for future development.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $19,500,000
- Buyer: Robert B. Boos - Boos Development
- Seller: Carole Baskin - Big Cat Rescue
- Lender: Seacoast National Bank
- Loan Amount: $23,300,000
- Market: Tampa
Key individuals involved in the transaction include Robert B. Boos, representing Boos Development, who facilitated the purchase of the land. Carole Baskin served as the seller, representing Big Cat Rescue, the previous owner of the property.
Players
Tampa Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.81%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93