27182 Euler LLC Acquires Office & Land In Jacksonville For $2.75M
SOLD
$2,750,000
Florida
See Similar DealsOffice
Sold 12/15/2022
SOLD
27182 Euler LLC Acquires Office & Land In Jacksonville For $2.75M
15 East Church Street, Jacksonville, Florida 32202, United States
See Similar DealsOffice
Sold 12/15/2022
Summary
FLORIDA
Asset Type:Office
Transaction Type:Sale
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
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$146,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,770.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,036.40
Annual Debt Service$156,436.84
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