YFF Realty Acquires Multifamily Property On Tommy CT In Tampa, Florida For $6.6M
8014 Tommy Ct, Tampa, FL, USA
$6,625,000
$1,939/SF
Building Size
3,416 SF
Asset Type
MultiFamily
Closing
Mar 17, 2021
AI
The multifamily property located at 8014 Tommy CT in Tampa, Florida was recently sold for $6,625,000. The transaction took place on March 18, 2021. The property consists of 63 units, with a per unit price of $105,158.
Summary of Transation Details
- Property Type: Multifamily
- Transaction Amount: $6,625,000
- Units: 63
- Price per Unit (PPU): $105,158
- Market: Tampa, Florida
The buyer of the property is YFF Realty, while the seller is Mike Hooper. The deal was facilitated by brokers Jonathan Brody, Ariya Momeny, and Alan Soclof from RosewoodRG. Their involvement played a crucial role in the successful completion of the transaction.
Players
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
2.39%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93