Rueben Zulauf Of JV Capital Group LLC Acquires Hotel In Jacksonville For $4.3M
8220 Dix Ellis Trail
$4,300,000
Building Size
—
Asset Type
Hotel
Closing
Feb 18, 2022
About this deal
AI
The asset involved in this transaction is a hotel located at 8220 Dix Ellis Trail in Jacksonville. The property was sold for $4,300,000.00.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $4,300,000.00
- Buyer: Rueben Zulauf (JV Capital Group LLC)
- Sale Date: 02/18/2022
- Market: Jacksonville
The buyer in this transaction is Rueben Zulauf, representing JV Capital Group LLC. The transaction took place in the Jacksonville market, highlighting the ongoing activity within this sector.
The hotel sale at 8220 Dix Ellis Trail in Jacksonville, Florida sold for $4.3M in 2022. 8220 Dix Ellis Trail is classified as Hotel on Traded. Named participants on the 8220 Dix Ellis Trail sale are Rueben Zulauf. This page is the Jacksonville, Florida file for the 8220 Dix Ellis Trail 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 8220 Dix Ellis Trail around 2022. Published consideration for 8220 Dix Ellis Trail is $4.3M, dated 2022. Cite this Rueben Zulauf Of JV Capital Group LLC Acquires Hotel In Jacksonville For $4.3M sale when underwriting similar hotel product around Jacksonville, Florida.
On the Map
$4,300,000
Hotel
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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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93