Updated Oct 12, 2026
The Grey Rock Group Acquires Multifamily Property In Macclenny For $2.5M
680 South 6th Street, Macclenny, FL, USA
$2,500,000
$568/SF
Building Size
4,395 SF
Asset Type
MultiFamily
Closing
Feb 28, 2021
About this deal
AI
The multifamily property located at 680 S 6th St in Macclenny has been sold for a price of $2,500,000. The transaction took place on 03/01/2021. The property consists of 50 units, with a per unit price of $50,000. It was acquired by The Grey Rock Group.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,500,000
- Date: 03/01/2021
- Address: 680 S 6th St
- Market: Macclenny
- Units: 50
- Price Per Unit: $50,000
The sale of this property was facilitated by Kyle Shoemaker, Jeff Clousing, and Dan Piatkowski from Affordable Housing Investment Brokerage Inc. (AHIB). They represented The Grey Rock Group in the transaction.
On the Map
$2,500,000
$568/SF
MultiFamily
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Macclenny 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93