Updated Dec 19, 2023
Blake A Mooney Acquires Apartments In Saint Petersburg, FL For $3.4M
344 4th Street South, Saint Petersburg, Florida 33701, United States
$3,400,000
$260/SF
Building Size
13,044 SF
Asset Type
MultiFamily
Closing
Aug 1, 2022
About this deal
AI
The apartment property located at 344 4th St S in Saint Petersburg, FL has been sold in a transaction that took place on August 2, 2022. The property spans across a total area of 13,044 square feet and was sold for a price of $3,400,000. This translates to a price per square foot of $260.
Summary of Transaction Details
- Property Type: Apartments
- Transaction Amount: $3,400,000
- Square Footage: 13,044
- Address: 344 4th St S, Saint Petersburg, FL
The buyer of the property is Blake A Mooney, while the seller is Mary Ann Lynch.
Players
Saint Petersburg 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
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93