Updated Oct 28, 2024
Westwood Crossing Investors LLC Acquires Multifamily Property In Brandon For $18.05M
1212 Askew Dr, Brandon, FL, USA
$18,050,000
$1,031/SF
Building Size
17,496 SF
Asset Type
MultiFamily
Closing
Sep 29, 2021
About this deal
AI
The multifamily property located at 1212 Askew Dr in Brandon was recently sold in a transaction on September 30, 2021. The property spans across 17,496 square feet with a price per square foot of $1,032. The sale price for the property was $18,050,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $18,050,000
- Address: 1212 Askew Dr, Brandon
- Square Footage: 17,496
- Price per Square Foot: $1,032
The buyer in this transaction was Westwood Crossing Investors LLC, while the seller was Pienza Owner LP.
Players
Brandon MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93