ROI Capital Group Acquires Multifamily Property In Jacksonville For $66M
SOLD
$66,000,000
Florida
See Similar DealsMultiFamily488,000 SF
Sold 09/06/2022
SOLD
ROI Capital Group Acquires Multifamily Property In Jacksonville For $66M
5327 Timuquana Road
See Similar DealsMultiFamily488,000 SF
Sold 09/06/2022
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$135
Total Square Footage:488,000 SF
Transaction Type:Sale
A multifamily property located at 5327 Timuquana Rd in Jacksonville has been sold for $66,000,000. The property spans across 488,000 square feet, resulting in a price per square foot of $135. The sale took place on 09/07/2022, and the buyer of the property is ROI Capital Group.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $66,000,000
- Address: 5327 Timuquana Rd
- Market: Jacksonville
The sellers of the property were TOPAZ Capital Group represented by Marc A. Hershberg and LYND Companies represented by David Lynd. The brokers involved in the deal were Greg Rainey and Cole Whitaker from Berkadia.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$3,520,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$234,484.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$312,873.67
Annual Debt Service$3,754,484.06
Is there something missing? Send suggestions