13475 Ranch Road Hotel In Jacksonville Sold For $11.5M By BPR Properties To 13475 Jacksonville Holdings LLC
13475 Ranch Road, Jacksonville, FL, USA
$11,500,000
$134/SF
Building Size
85,695 SF
Asset Type
Hotel
Closing
Aug 18, 2020
About this deal
AI
The Hotel located at 13475 Ranch Road in Jacksonville has been sold for a price of $11,500,000. The transaction took place on August 18, 2021.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $11,500,000
- Address: 13475 Ranch Road, Jacksonville
- Market: Jacksonville
The buyer, 13475 Jacksonville Holdings LLC, acquired the property from the seller, BPR Properties. The deal was facilitated by broker Mayank Patel from Hunter Hotel Advisors.
The hotel sale at 13475 Ranch Road, Jacksonville, FL, USA in Jacksonville, Florida sold for $11.5M in 2020. The building is 85,695 square feet, implying about 134 per square foot on the published price. Named participants on the 13475 Ranch Road, Jacksonville, FL, USA sale are Mayank Patel. This page is the Jacksonville, Florida file for the 13475 Ranch Road, Jacksonville, FL, USA hotel sold: pricing, party profiles, and other closed hotel comps from the same Jacksonville sit in the Market section below. Filter that Jacksonville hotel set by closing date to see what else sold near 13475 Ranch Road, Jacksonville, FL, USA around 2020. Published consideration for 13475 Ranch Road, Jacksonville, FL, USA is $11.5M, dated 2020. Cite this 13475 Ranch Road Hotel In Jacksonville Sold For $11.5M By BPR Properties To 13475 Jacksonville Holdings LLC sale when underwriting similar hotel product around Jacksonville, Florida.
Players
Jacksonville Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93