GMC Property Management Acquires 218-Unit Multifamily Asset In Jacksonville From Topaz Capital Group
SOLD
Florida
See Similar DealsMultiFamily202,000 SF
Sold 01/31/2025
SOLD
GMC Property Management Acquires 218-Unit Multifamily Asset In Jacksonville From Topaz Capital Group
MultiFamily202,000 SF
Sold 01/31/2025
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$0
Total Square Footage:202,000 SF
Transaction Type:Sale
This transaction involves a multifamily asset consisting of 218 units, totaling 202,000 square feet, located in the Jacksonville market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 218
- Square Footage: 202,000
- Buyer: GMC Property Management
- Seller: Marc A. Hershberg & J. Etan Friedman - Topaz Capital Group
- Seller's Representatives: Greg Rainey & Cole Whitaker - Berkadia
- Attorney: Joshua Zelkowitz - Stein Adler Dabah Zelkowitz
The deal involved GMC Property Management as the buyer and was facilitated by seller representatives Greg Rainey and Cole Whitaker from Berkadia, with legal services provided by attorney Joshua Zelkowitz from Stein Adler Dabah Zelkowitz.
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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