Rueben Zulauf Of JV Capital Group LLC Purchases Hotel On Cagle Road In Jacksonville For $4M
5649 Cagle Road
$4,000,000
Building Size
—
Asset Type
Hospital
Closing
Jun 30, 2021
About this deal
AI
The asset involved in this transaction is a hotel property located at 5649 Cagle Road in Jacksonville. The sale was completed on June 30, 2021, for a total transaction amount of $4,000,000.00.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $4,000,000.00
- Buyer: Rueben Zulauf (JV Capital Group LLC)
- Sale Date: June 30, 2021
- Address: 5649 Cagle Road
- Market: Jacksonville
In this transaction, Rueben Zulauf represented JV Capital Group LLC as the buyer of the hotel property, facilitating the purchase in the Jacksonville market.
On the Map
$4,000,000
Hospital
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Players
Jacksonville 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93