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Equus Capital Partners Acquires Multifamily Property In Naples For $82.25M

Property Image
SOLD
$82,250,000

Florida

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MultiFamily12,632 SF
Sold 01/08/2021
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Property Image
SOLD

Equus Capital Partners Acquires Multifamily Property In Naples For $82.25M

Inspira Apartments, Inspira Circle, Naples, FL 34113, USA

See Similar Deals
MultiFamily12,632 SF
Sold 01/08/2021
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$6,511
Total Square Footage:12,632 SF
Transaction Type:Sale

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.

Players

Daniel DiLella
6 deals$453.9M volume
BUYER

Details

SOLD
IMAGE: Daniel M. DiLella DATE: 01/08/2021 ADDRESS: 7425 Inspira Circle MARKET: Naples ASSET TYPE: Multifamily BUYER: Equus Capital Partners Ltd. - Daniel M. DiLella PRICE: $82,250,000 UNITS: 304 ~ PPU: $270,559

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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