SOLDMultiFamily
Equus Capital Partners Acquires Multifamily Property In Naples For $82.25M
Inspira Apartments, Inspira Circle, Naples, FL 34113, USA
$82,250,000
$6,511/SF
Building Size
12,632 SF
Asset Type
MultiFamily
Closing
Jan 7, 2021
AI
An $82,250,000 multifamily property located at 7425 Inspira Circle in Naples has been sold. The property consists of 304 units, with each unit having a price per unit of $270,559.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $82,250,000
- Address: 7425 Inspira Circle
- Market: Naples
The buyer, Equus Capital Partners Ltd., represented by Daniel M. DiLella, successfully closed the deal.
Naples MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93