facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

7315 W Hanna Ave

ZMR Capital Acquires 400-Unit Multifamily Property In Tampa For $65M
SOLDMultiFamily

ZMR Capital Acquires 400-Unit Multifamily Property In Tampa For $65M

7315 W Hanna Ave

$65,000,000

$6,683/SF

Building Size

9,726 SF

Asset Type

MultiFamily

Closing

Jul 30, 2020

AI

The property involved in this transaction is a multifamily asset located at 7315 W Hanna Ave in Tampa. The sale took place on July 30, 2021, with a sale price of $65,000,000. The property consists of 400 units, resulting in a per-unit price of $162,500. The buyer of the property was ZMR Capital, represented by Zamir Kazi. The brokers involved in the deal were Michael Regan and Francesco Carriera from CBRE.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $65,000,000
  • Address: 7315 W Hanna Ave, Tampa
  • Market: Tampa
  • Buyer: ZMR Capital - Zamir Kazi
  • Brokers: Michael Regan & Francesco Carriera - CBRE
  • Units: 400
  • Per-Unit Price: $162,500

ZMR Capital, led by Zamir Kazi, acquired this multifamily property located at 7315 W Hanna Ave in Tampa for a total of $65,000,000. The transaction involved 400 units, with a per-unit price of $162,500. The deal was facilitated by brokers Michael Regan and Francesco Carriera from CBRE.

Players

Francesco Carriera

CBRE

Broker

$1.5B

vol

15 deals

Broker

Zamir Kazi

ZMR Capital

Buyer

$622.8M

vol

10 deals

Buyer

Tampa 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

0.24%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93