Updated Oct 29, 2024
CK Management LLC Acquires Multifamily Property On Sunbeam Road In Jacksonville For $23.7M
4295 Sunbeam Road, Jacksonville, FL, USA
$23,670,000
$169/SF
Building Size
139,618 SF
Asset Type
MultiFamily
Closing
Nov 1, 2020
About this deal
AI
The Multifamily property located at 4295 Sunbeam Road in Jacksonville has been sold for $23,670,000. The sale took place on November 2, 2020. The property consists of 263 units, with a price per unit of $90,000. The transaction was facilitated by brokers Cliff Taylor and Joe Ayers from CBRE.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $23,670,000
- Address: 4295 Sunbeam Road
- Market: Jacksonville
CK Management LLC purchased the property from Main Street Residential Sunbeam LLC. The deal was brokered by Cliff Taylor and Joe Ayers from CBRE.
On the Map
$23,670,000
$169/SF
MultiFamily
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Players
Jacksonville 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
0.67%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93