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4424 Northwest 13th Street

Avi Stern And Eric Nathanson Acquire Office Property In Gainesville For $1.975M From Jo Lee Beaty
SOLDOffice

Avi Stern And Eric Nathanson Acquire Office Property In Gainesville For $1.975M From Jo Lee Beaty

4424 Northwest 13th Street

$1,975,000

$65/SF

Building Size

30,000 SF

Asset Type

Office

Closing

Dec 30, 2025

AI

The property asset involved in this transaction is an office located at 4424 Northwest 13th Street in Gainesville. The asset comprises 30,000 square feet and was sold for $1,975,000, translating to a price per square foot of $65.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,975,000
  • Address: 4424 Northwest 13th Street
  • Market: Gainesville
  • Square Footage: 30,000
  • Price per Square Foot: $65
  • Buyer: Avi Stern & Eric Nathanson
  • Seller: Jo Lee Beaty

Avi Stern and Eric Nathanson acted as the buyers in this transaction, while Jo Lee Beaty served as the seller. The deal showcases the engagement of these individuals in the office market of Gainesville.

Players

Avi Stern

Buyer

$36.6M

vol

6 deals

Buyer

Gainesville 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

8.03%

Cash-on-Cash

-2.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93