facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Multifamily

/

Sale

/

86195 Courtney Isles Way

CF Real Estate Services Acquires Multifamily Property In Yulee For $44.1M
SOLDMultiFamily

CF Real Estate Services Acquires Multifamily Property In Yulee For $44.1M

86195 Courtney Isles Way

$44,100,000

$50,170/SF

Building Size

879 SF

Asset Type

MultiFamily

Closing

Nov 11, 2020

AI

The recent sale in Yulee involved a multifamily property located at 86195 Courtney Isles Way. The transaction took place on 11/11/2020 and was facilitated by Brian Moulder, Dhaval Patel, and Bobby Gatling from Walker & Dunlop. CF Real Estate Services acquired the property from RAIA Capital Management for a total price of $44,100,000. The property consists of 240 units, resulting in a per unit price of $183,750.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $44,100,000
  • Address: 86195 Courtney Isles Way
  • Market: Yulee
  • Buyer: CF Real Estate Services
  • Seller: RAIA Capital Management
  • Brokers: Brian Moulder, Dhaval Patel, & Bobby Gatling - Walker & Dunlop

The successful acquisition of the multifamily property was facilitated by the brokers, Brian Moulder, Dhaval Patel, and Bobby Gatling from Walker & Dunlop. CF Real Estate Services emerged as the buyer in this transaction, while RAIA Capital Management served as the seller. The deal was completed for a total price of $44,100,000, showcasing the robust nature of the transaction in the Yulee market. With 240 units available, the per unit price for this multifamily property was $183,750.

Players

Bobby Gatling

Walker & Dunlop

Broker

$549.3M

vol

9 deals

Broker
CS
CF Real Estate ServicesBuyer
RM
Raia Capital ManagementSeller

Yulee 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

0.36%

Cash-on-Cash

-0.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93