Updated Oct 28, 2024
Wolf Partners Build Acquires Multifamily Land In Tampa For $1.1M
6526 South Macdill Avenue, Tampa, Florida 33611, United States
$1,100,000
$1,061/SF
Building Size
1,036 SF
Asset Type
MultiFamily
Closing
Dec 31, 2021
About this deal
AI
An acre of land located at 6526 S Macdill Ave in Tampa has been sold in a recent transaction. Marketed as a multifamily property, this plot spans across 1.35 acres. The buyer, Wolf Partners Build, acquired the land from seller Jaquan Paul for a sale price of $1,100,000. The deal was facilitated by broker Bianca Lopez from Smith and Associates Real Estate.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $1,100,000
- Address: 6526 S Macdill Ave, Tampa
- Market: Tampa
- Acres: 1.35
Developer Wolf Partners Build plans to utilize the land for the development of 14 luxury townhomes. Once completed, these townhomes will be listed for sale by Bianca Lopez, the representative from Smith and Associates Real Estate.
Please note that no additional information is available at this time.
On the Map
$1,100,000
$1,061/SF
MultiFamily
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Players
Tampa 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93