Westshore Crossing

A multifamily property in Tampa, Florida. Securitized in 1 CMBS deal in 2024.

$86.2MAppraised value (latest deal)
96.1%Occupancy
$4.4MUnderwritten NOI
5.1%Implied cap rate
Address
4515-17 North Rome Avenue, 1502-1610 River Drive, 1505-09 Coolwater Dr, Tampa, FL 33603
Property type
Multifamily · Garden
Year built
1973
Size
337 Units
Sponsor
Jakub Hejl
Loan purpose
Refinance

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BBCMS 2024-5C292024-09-18$86.2M96.1%$4.4M5.1%$25.0M58.5%1.30x424B

Historical NOI reported in BBCMS 2024-5C29

Period endingNOI
4/30/2024$3.8M
12/31/2023$3.7M
12/31/2022$2.7M

More CMBS properties in Florida →

Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.