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1307 West Kennedy Boulevard...

Sila Realty Trust, Inc Acquires Medical Facility In Tampa For $51.2M
SOLDOther

Sila Realty Trust, Inc Acquires Medical Facility In Tampa For $51.2M

1307 West Kennedy Boulevard, Tampa, Florida 33606, United States

$51,200,000

Building Size

Asset Type

Other

Closing

Jul 25, 2022

AI

A medical facility located at 1307 W. Kennedy Boulevard in Tampa has been sold for a recorded price of $51,200,000. The facility sits on a 3.8-acre property in the market of Tampa. The sale took place on July 26, 2022, and the buyer of the property is Sila Realty Trust, Inc, represented by Michael Seton.

Summary of transaction details:

  • Property Type: Medical Facility
  • Transaction Amount: $51,200,000
  • Address: 1307 W. Kennedy Boulevard, Tampa
  • Market: Tampa
  • Asset Type: Medical Facility
  • Acres: 3.8

Michael Seton, representing Sila Realty Trust, Inc, played a key role in the transaction as the buyer's representative. The deal involved the sale of the medical facility, which consists of 80 units. The price per unit was $640,000.

Players

Michael A. Seton

Sila Realty Trust Inc.

Buyer

$174.6M

vol

3 deals

Buyer

Tampa Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.31%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93