facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Multifamily

/

Loan

/

3454 Suncoast Villa Way, Sp...

Beachwold Residential Secures $15.9M Fixed-Rate Multifamily Loan In Spring Hill With JLL Real Estate Capital, LLC
FINANCEDMultiFamily

Beachwold Residential Secures $15.9M Fixed-Rate Multifamily Loan In Spring Hill With JLL Real Estate Capital, LLC

3454 Suncoast Villa Way, Spring Hill, FL, USA

$15,850,000

$1/SF

Building Size

11,001,450 SF

Asset Type

MultiFamily

Closing

Jun 8, 2021

AI

The multifamily property located at 3454 Suncoast Villa Way in Spring Hill has been involved in a recent transaction. The loan for this property was provided by JLL Real Estate Capital, LLC. Beachwold Residential serves as the landlord for this asset. The deal was facilitated by brokers Elliott Throne, Mona Carlton, Jesse Wright, and Kenny Cutler from JLL. The loan amount for this transaction was $15,850,000, and it was structured as a fixed-rate loan.

Summary of transaction details:

This transaction involved key individuals and companies in the real estate industry. Elliott Throne, Mona Carlton, Jesse Wright, and Kenny Cutler from JLL played a crucial role as brokers representing their respective parties in the deal. Their expertise and negotiations contributed to the successful completion of the transaction.

Players

Jesse Wright

JLL

Broker

$1.6B

vol

23 deals

Broker
Beachwold Residential
Beachwold ResidentialLandlord

Spring Hill MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.00%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93