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5327 Timuquana Road

FINANCEDMultiFamily

ROI Capital Group Secures $53M Loan For Multifamily Property On Timuquana Rd In Jacksonville With Voya Investment Management

5327 Timuquana Road

$53,000,000

Units

444

Asset Type

MultiFamily

Closing

Sep 7, 2022

AI

The multifamily property located at 5327 Timuquana Rd in Jacksonville has been involved in a recent transaction. The property consists of 444 units and is owned by ROI Capital Group.

Summary of transaction details

The loan for this transaction was provided by Voya Investment Management. Wesley Moczul, Matt Robbins, Mitch Sinberg, Scott Wadler, and Brad Williamson from Berkadia represented the buyer in the deal.

Players

Brad Williamson

Berkadia

Broker

$7.4B

vol

118 deals

Broker
Voya Investment Management
Voya Investment ManagementLender

Jacksonville 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

0.30%

Cash-on-Cash

-0.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93