RPH Multifamily Group Acquires Multifamily Property In Dunedin For $4.57M
2677 St Joseph Dr E, Dunedin, FL, USA
$4,575,000
$271/SF
Building Size
16,860 SF
Asset Type
MultiFamily
Closing
Oct 13, 2021
AI
The multifamily property located at 2677 St Joseph Dr E and 2687 Woodette Drive in Dunedin has been sold for a price of $4,575,000. The property spans approximately 0.9 acres and consists of 20 units with a total square footage of 16,860. The price per unit is $228,750, while the price per square foot is $271.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,575,000
- Address: 2677 St Joseph Dr E & 2687 Woodette Drive, Dunedin
- Market: Dunedin
- Acres: 0.9
- Units: 20
- Price per Unit: $228,750
- Total Square Footage: 16,860
- Price per Square Foot: $271
The sale was facilitated by the RPH Multifamily Group, represented by brokers Ned Roberts, Adam Podbelski, Jason Hague, and Sebastian Harris from Marcus & Millichap.
Players
Palm Harbor MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.47%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93