Perla Valenzuela & Jessica Felix Of The MVMNT Group Facilitate Mixed-Use Sale In Gainesville For $9.3M
1000 Northeast 16th Avenue
$9,300,000
$114/SF
Building Size
81,000 SF
Asset Type
Mixed-use
Closing
Jun 15, 2026
AI
The property involved in this transaction is a mixed-use asset located at 1000 Northeast 16th Avenue in Gainesville. The sale was finalized for a total price of $9,300,000, encompassing a total area of 81,000 square feet, which translates to a price per square foot of $114.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $9,300,000
- Square Footage: 81,000
- Price Per Square Foot: $114
- Market: Gainesville
- Buyer's Representative: Perla Valenzuela & Jessica Felix - The MVMNT Group
The individuals representing the buyer in this transaction are Perla Valenzuela and Jessica Felix, affiliated with The MVMNT Group. Their involvement in this sale highlights their role as key facilitators in the execution of this mixed-use property deal.
Gainesville Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93