Updated Mar 11, 2025
Ready Capital Provides $50.3M Loan For Multifamily Property In Tampa
6006 North Florida Avenue, Tampa, Florida 33604, United States
$50,300,000
Units
193
Asset Type
MultiFamily
Closing
May 16, 2022
About this deal
AI
The multifamily property located at 6006 N. Florida Ave & 6307 N. Nebraska Ave in Tampa has recently undergone a closed transaction. The property consists of a total of 193 units.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $50,300,000
- Address: 6006 N. Florida Ave & 6307 N. Nebraska Ave, Tampa
- Market: Tampa
- Lender: Ready Capital
- Broker: CBRE
The loan amount for this transaction was $50,300,000. Ready Capital provided the financial support for the deal, while CBRE acted as the broker representing the parties involved.
On the Map
$50,300,000
MultiFamily
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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
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93