Updated Oct 28, 2024
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
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
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93