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21252 Us Hwy 19 N

Rueben Zulauf Of JV Capital Group LLC Acquires Hotel In Clearwater For $6.3M
SOLDHospital

Rueben Zulauf Of JV Capital Group LLC Acquires Hotel In Clearwater For $6.3M

21252 Us Hwy 19 N

$6,300,000

Building Size

Asset Type

Hospital

Closing

Sep 24, 2021

AI

The property asset involved in the transaction is a hotel located at 21252 Us Hwy 19 N in Clearwater. The transaction was finalized on September 24, 2021, and the sale price was $6,300,000.00.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $6,300,000.00
  • Buyer: Rueben Zulauf (JV Capital Group LLC)
  • Market: Clearwater

The deal involved Rueben Zulauf representing JV Capital Group LLC as the buyer in this sale transaction. Further information about the seller or other parties involved was not provided.

Players

Rueben Zulauf

JV Capital Group

Buyer

$46.4M

vol

7 deals

Buyer

Clearwater Hospital Market Snapshot

Boundary boundary · Hospital · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93