Watermark Companies Secures $37.75 Million Construction Loan For Multifamily Asset In Oxford
3530 Sumter County Rd 466 E, Oxford, Fl 34484
$37,750,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 18, 2026
AI
The asset involved in this transaction is a multifamily property located at 3530 Sumter County Rd 466 E in the Oxford market. A construction loan amounting to $37,750,000 has been secured for this project.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $37,750,000
- Loan Type: Construction
- Address: 3530 Sumter County Rd 466 E
- Market: Oxford
- Landlord: Mike Bertucci, Freddy Ellis & Jennings Cooksey - Watermark Companies
- Brokers: Max La Cava, Matthew Putterman & Alex Riva - JLL
This transaction involves key individuals representing the landlord and brokerage firms. The landlords consist of Mike Bertucci, Freddy Ellis, and Jennings Cooksey, all affiliated with Watermark Companies. The brokerage services are being provided by Max La Cava, Matthew Putterman, and Alex Riva from JLL.
Players
Bushnell MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93