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

/

3530 Sumter County Rd 466 E...

Watermark Companies Secures $37.75 Million Construction Loan For Multifamily Asset In Oxford
FINANCEDMultiFamily

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

Max La Cava

JLL

Broker

$1.5B

vol

45 deals

Broker

Mike Bertucci

Watermark Companies

Landlord

$37.8M

vol

1 deal

Landlord

Bushnell 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

0.42%

Cash-on-Cash

-0.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93