Updated Oct 29, 2024
Ambrus Asset Management Secures $33M Loan For Tampa Multifamily With Fannie Mae
2002 Colonial Parc Drive, Tampa, FL, USA
$33,000,000
$983/SF
Building Size
33,540 SF
Asset Type
MultiFamily
Closing
Feb 11, 2021
About this deal
AI
The multifamily property located at 2002 Colonial Parc Drive, 14401 N 22nd Street, and 102 E 122nd Avenue in Tampa has been involved in a recent loan transaction. The loan was provided by Fannie Mae, and the loan amount was $33,000,000. The property is owned by Ambrus Asset Management, and it is categorized as a multifamily asset.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $33,000,000
- Address: 2002 Colonial Parc Drive, 14401 N 22nd Street, and 102 E 122nd Avenue, Tampa
- Market: Tampa
- Lender: Fannie Mae
- Landlord: Ambrus Asset Management
The brokers involved in this transaction were Scott Wadler and Wesley Moczul from Berkadia. They represented the parties in the deal but are not the buyers, sellers, landlords, or tenants themselves.
Players
Tampa MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93