Updated Dec 21, 2023
Bradon Tecklenburg Acquires Apartment In Saint Petersburg, FL For $4.4M
102 8th Avenue, St Pete Beach, Florida 33706, United States
$4,400,000
$861/SF
Building Size
5,106 SF
Asset Type
MultiFamily
Closing
Mar 13, 2022
About this deal
AI
The apartment located at 102 8th Ave in Saint Petersburg, FL has been sold. The property spans 5,106 square feet with a price per square foot of $861. The transaction took place on 03/14/2022 and the total sale price was $4,400,000.
Summary of transaction details
- Property Type: Apartment
- Transaction Amount: $4,400,000
- Square Footage: 5,106
- Price per Square Foot: $861
- Address: 102 8th Ave, Saint Petersburg, FL
- Market: Saint Petersburg, FL
The buyer of the property was Bradon Tecklenburg and the seller was David M. Feinberg Jr.
Players
St Pete Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93