Dinerstein Cos Acquires Multifamily Property In Tampa For $36.7M
4800 South West Shore Boulevard, Tampa, FL, USA
$36,700,000
$34,013/SF
Building Size
1,079 SF
Asset Type
MultiFamily
Closing
Jan 6, 2021
AI
Located at 4800 S. West Shore Boulevard in Tampa, this multifamily property consists of 278 units. The transaction took place on January 7, 2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $36,700,000
- Lender: berkadia''>Berkadia - Justin Wheeler
- Landlord: Dinerstein Cos - Jack Dinerstein
The lender for this transaction was Berkadia, represented by Justin Wheeler. The landlord, Dinerstein Cos, was represented by Jack Dinerstein. No additional information about the individuals or companies involved in this deal was provided.
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
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93