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14701 Bartram Park Blvd 100...

PCCP, LLC Provides $72.7M Senior Loan For Mixed-Use Property On Bartram Park Blvd In Jacksonville
FINANCEDMixed-use

PCCP, LLC Provides $72.7M Senior Loan For Mixed-Use Property On Bartram Park Blvd In Jacksonville

14701 Bartram Park Blvd 100th, Jacksonville, Florida 32258, United States

$72,700,000

Units

336

Asset Type

Mixed-use

Closing

Sep 14, 2022

AI

14701 Bartram Park Boulevard in Jacksonville has been the subject of a recent closed transaction. The mixed-use property consists of 336 units and is located in the market of Jacksonville. The deal involved a senior loan of $72,700,000 provided by PCCP, LLC. The lender's representative, Kevin Chin, played a crucial role in securing the loan. The landlord in this transaction is Rose Valley Capital, an affiliate of Hampshire Properties.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $72,700,000
  • Address: 14701 Bartram Park Boulevard
  • Market: Jacksonville
  • Units: 336

The involvement of Kevin Chin from PCCP, LLC as a representative showcased their expertise in securing the loan for the transaction. Additionally, Rose Valley Capital, an affiliate of Hampshire Properties, acted as the landlord in this deal.

Players

Pacific Coast Capital Partners (PCCP)
Pacific Coast Capital Partners (PCCP)Lender

Jacksonville Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93