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15 East Church Street, Jack...

Updated Oct 29, 2024

27182 Euler LLC Acquires Office & Land In Jacksonville For $2.75M
SOLDOffice

27182 Euler LLC Acquires Office & Land In Jacksonville For $2.75M

15 East Church Street, Jacksonville, Florida 32202, United States

$2,750,000

Building Size

Asset Type

Office

Closing

Dec 15, 2022

About this deal

AI

The property transaction involves an office and land asset located at 15 E. Church Street & 41 E. Duval Street in Jacksonville. Spanning across 0.54 acres, the property was recently sold.

Summary of transation details

  • Property Type: Office & Land
  • Transaction Amount: $2,750,000
  • Date: 12/15/2022
  • Market: Jacksonville
  • Buyer: 27182 Euler LLC
  • Seller: The Salvation Army
  • Lender: DLP Lending Fund LLC - Don Wenner

The buyer, 27182 Euler LLC, acquired the property from The Salvation Army. The transaction was facilitated by Don Wenner from DLP Lending Fund LLC. No additional information is available regarding the parties involved in the deal.

Players

TA
The Salvation ArmySeller

Jacksonville Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.77%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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