facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Multifamily

/

Loan

/

202 Windwood Oaks Drive, Ta...

Grant Street Funding Refinances Multifamily Property In Tampa For $29M
FINANCEDMultiFamily

Grant Street Funding Refinances Multifamily Property In Tampa For $29M

202 Windwood Oaks Drive, Tampa, FL 33613

$29,000,000

$105/SF

Building Size

274,400 SF

Asset Type

MultiFamily

Closing

Dec 22, 2021

AI

The property involved in this transaction is a multifamily asset located at 202 Windwood Oaks Dr in Tampa. The property spans a total square footage of 274,400 and comprises 352 units. The transaction took place on 12/22/2021.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $29,000,000
  • Address: 202 Windwood Oaks Dr
  • Market: Tampa
  • Loan Type: Refinance

The lender for this transaction was Grant Street Funding, while the landlord is Ventron Management. The brokers involved in this deal were Paul Ahmed and Mackenzie Lampman from CBRE.

Additionally, it's important to note that Mackenzie Lampman and Paul Ahmed were the representatives from CBRE representing their respective clients in this transaction.

Players

Paul Ahmed

CBRE

Broker

$262.9M

vol

13 deals

Broker
Grant Street Funding
Grant Street FundingLender

Tampa MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.55%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93