Updated Sep 5, 2024
Jacob Oved Acquires Multifamily Property In Jensen Beach, FL For $7.1M
2560 Northeast Dixie Highway, Jensen Beach, Florida 34957, United States
$7,125,000
$620/SF
Building Size
11,476 SF
Asset Type
MultiFamily
Closing
Jun 5, 2022
About this deal
AI
An undisclosed multifamily property located at 2560 NE Dixie Hwy. in Jensen Beach, FL has been sold for a price of $7,125,000. The transaction occurred on 06/06/2022. The property consists of 45 units, resulting in a price per unit (PPU) of $158,333. The buyer of the property is Jacob Oved, while the seller is Shraga Peled. Representing the transaction were Aaron Jungreis, Michael Schattner, and Jonathan Brody from Rosewood Realty Group.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $7,125,000
- Units: 45
- Price per Unit (PPU): $158,333
- Buyer: Jacob Oved
- Seller: Shraga Peled
- Brokers: Aaron Jungreis, Michael Schattner, and Jonathan Brody - Rosewood Realty Group
- Date: 06/06/2022
- Address: 2560 NE Dixie Hwy., Jensen Beach, FL
The deal was facilitated by the brokers Aaron Jungreis, Michael Schattner, and Jonathan Brody of Rosewood Realty Group. Their expertise and negotiating skills played a vital role in the successful conclusion of this transaction.
Players
Jensen Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93