FINANCEDOffice
Gabriel Elkaim, Aron Elkaim & Eve Elkaim Secure $15.66M Loan For Jacksonville Office Properties
4500 Salisbury Road, 751 Oak Street & 6620 Southpoint Drive South
$15,655,000
$110/SF
Building Size
74,346 SF
Asset Type
Office
Closing
Jul 9, 2026
About this deal
AI
The properties involved in this transaction encompass office assets located at 4500 Salisbury Road, 751 Oak Street, and 6620 Southpoint Drive South in Jacksonville. The total square footage for these assets is 142,046, with a loan amount of $15,655,000 secured for this transaction.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $15,655,000
- Addresses: 4500 Salisbury Road, 751 Oak Street, 6620 Southpoint Drive South
- Market: Jacksonville
- Borrowers: Gabriel Elkaim, Aron Elkaim & Eve Elkaim
- Broker: Max Beyderman - Marcus & Millichap
SVR Asset Group is responsible for managing these properties, offering extensive experience and services tailored to maximize property performance and protect investments in the commercial sector across Florida.
Players
Jacksonville Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.01%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93