Aventura Health Group Acquires Medical Facility In Saint Petersburg For $30M
10300 4th Street North, St Petersburg, Florida 33716, United States
$30,000,000
$220/SF
Building Size
136,139 SF
Asset Type
Other
Closing
Apr 24, 2022
About this deal
AI
The Medical Facility located at 10300 4th St. N in Saint Petersburg has been sold for a total price of $30,000,000. With a total square footage of 136,139, the facility was sold at a price per square foot of $220.
Summary of transaction details
- Property Type: Medical Facility
- Transaction Amount: $30,000,000
- Address: 10300 4th St. N, Saint Petersburg
- Market: Saint Petersburg
- Buyer: Aventura Health Group - Mark Kaszirer LNHA
- Seller: The Bon Secours St. Petersburg Health System
- Square Footage: 136,139
- Price Per Square Foot: $220
The buyer of the property is Aventura Health Group, represented by Mark Kaszirer LNHA. The seller of the property is The Bon Secours St. Petersburg Health System.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93