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Steven Campisi Acquires Hotel In Jacksonville From Samuel Bonnardel For $3.15M

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SOLD
$3,150,000

Florida

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Hotel37,500 SF
Sold 03/31/2022
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Property Image
SOLD

Steven Campisi Acquires Hotel In Jacksonville From Samuel Bonnardel For $3.15M

1077 Airport Road, Jacksonville, Florida 32218, United States

See Similar Deals
Hotel37,500 SF
Sold 03/31/2022
Contact now

Summary

FLORIDA
Asset Type:Hotel
Price Per Square Foot:$84
Total Square Footage:37,500 SF
Transaction Type:Sale

The hotel located at 1077 Airport Rd in Jacksonville has been sold for a price of $3,150,000. The transaction took place on March 31, 2022. The property spans over 37,500 square feet, with a price per square foot of $84. It consists of 116 keys, and the price per key is $27,155. The buyer of the hotel is Steven Campisi, while the seller is Samuel Bonnardel.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: $3,150,000
  • Address: 1077 Airport Rd, Jacksonville
  • Market: Jacksonville
  • Asset Type: Hotel
  • Buyer: Steven Campisi
  • Seller: Samuel Bonnardel

Rore Investment Group, represented by Samuel Bonnardel, is actively seeking economy, mid-scale hotels, apartment complexes, and retail properties for purchase. The group, along with its capital partners, can underwrite quickly and close deals with cash. For property owners interested in receiving an offer, they can get in touch with Rore Investment Group through [email protected] or 305 542 7051. More information can be found on their website at roreinvestmentgroup.com.

Players

8 deals$64.2M volume
BROKER


Steven Campisi
3 deals$120.2M volume
BUYER

BUYER

Samuel Bonnardel
8 deals$64.2M volume
SELLER

Details

SOLD
IMAGE: Samuel Bonnardel DATE: 03/31/2022 ADDRESS: 1077 Airport Rd MARKET: Jacksonville ASSET TYPE: Hotel BUYER: Steven Campisi SELLER: Samuel Bonnardel (@RoreInvestmentGroup) SALE PRICE: $3,150,000 KEYS: 116 ~ PPK: $27,155 SF: 37,500 ~ PPSF: $84 NOTE FROM SELLER: RORE Investment Group is working with its capital partners to purchase economy, mid-scale hotels, apartment complexes, and retail. We can underwrite quickly and close with cash. Please get in touch with us if you're open to receiving an offer on your property. [email protected] Roreinvestmentgroup.com 305 542 7051

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$168,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,191.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,932.61
Annual Debt Service$179,191.28