Peacock Capital Acquires Ocala Multifamily For $3.17M
1748 Northeast 3rd Street, Ocala, FL, USA
$3,175,000
$3,342/SF
Building Size
950 SF
Asset Type
MultiFamily
Closing
Sep 22, 2021
AI
Located in Ocala, the multifamily property at 1748 NE 3rd Street & 1316 E Fort King Street has been sold in a closed transaction. The sale, which took place on September 23, 2021, involved a total of 32 units. The property was purchased by Peacock Capital from the seller, Roger Yates, at a sale price of $3,175,000. With a price per unit of $99,219, this multifamily asset proves to be a valuable investment.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,175,000
- Units: 32
- Price Per Unit (PPU): $99,219
- Market: Ocala
The sale of this multifamily property was facilitated by the RPH Multifamily Group, representing the buyer Peacock Capital. The team of brokers involved in the transaction includes Jason Hague, Ned Roberts, and Adam Podbelskiof, all from Marcus & Millichap. Their expertise and negotiation skills played a crucial role in the completion of this deal.
Players
Ocala MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.00%
Cash-on-Cash
-1.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93