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5551 Auburn Rd, Jacksonvill...

Updated Oct 28, 2024

R.O.I. Capital Group Acquires Multifamily Property In Jacksonville For $26.3M
SOLDMultiFamily

R.O.I. Capital Group Acquires Multifamily Property In Jacksonville For $26.3M

5551 Auburn Rd, Jacksonville, FL, USA

$26,300,000

$6,392/SF

Building Size

4,114 SF

Asset Type

MultiFamily

Closing

Nov 9, 2021

About this deal

AI

A multifamily property located at 5551 Auburn Rd in Jacksonville has been sold for $26,300,000. The transaction took place on 11/09/2021. The property consists of 200 units, with a price per unit (PPU) of $131,500. The sale was facilitated by Creative Realty Partners, who acted as the seller, and the buyer was R.O.I. Capital Group, represented by Noam Avrahami.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $26,300,000
  • Address: 5551 Auburn Rd, Jacksonville
  • Market: Jacksonville
  • Units: 200
  • Price per Unit (PPU): $131,500

Noam Avrahami, representing R.O.I. Capital Group, played a key role as the buyer in this transaction. The sale was executed by Creative Realty Partners acting as the seller. Together, they completed the sale of this multifamily property in Jacksonville.

Players

CP
Creative Realty PartnersSeller

Jacksonville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $6.4K per square foot on a published $26.3M for 4,114 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.60%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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