Updated Sep 15, 2026
SOLDMultiFamily
Raphael David Jajati & Daniel Rahmani Arrange Sale Of $90M Multifamily Property In Tampa
6608 S West Shore Blvd
$90,000,000
$362/SF
Building Size
248,256 SF
Asset Type
MultiFamily
Closing
Apr 8, 2022
About this deal
AI
The property asset involved in this transaction is a MultiFamily building located at 6608 S West Shore Blvd. It features a total of 248,256 square feet and comprises 246 residential units. The transaction was completed for a total price of $90,000,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $90,000,000.00
- Address: 6608 S West Shore Blvd
- Square Footage: 248,256
- Units: 246
- Buyer: Rockwell Property Co
- Broker Representatives: Raphael David Jajati - Capital Property Partners, Daniel Rahmani - Capital Property Partners
- Sale Date: 04/08/2022
The deal involved Rockwell Property Co as the buyer, with representation from brokers Raphael David Jajati and Daniel Rahmani, both affiliated with Capital Property Partners. Their roles were crucial in facilitating the successful transaction.
On the Map
$90,000,000
$362/SF
MultiFamily
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Market 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
0.18%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93