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Special Purpose

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15925 Northeast Jacksonvill...

Updated Sep 9, 2024

Bilt advertisement
Peter Duarte Sells Special Purpose Property In Citra For $4.5M
SOLDSpecial Purpose

Peter Duarte Sells Special Purpose Property In Citra For $4.5M

15925 Northeast Jacksonville Road

$4,500,000

$0/SF

Building Size

18,208,080 SF

Asset Type

Special Purpose

Closing

Jul 20, 2022

About this deal

AI

The special purpose property located at 15925 NE Jacksonville Rd in Citra has been sold for a price of $4,500,000. The property spans a total area of 18,208,080 square feet, resulting in a price per square foot of $0.2.

Summary of transaction details:

  • Property Type: Special Purpose
  • Transaction Amount: $4,500,000
  • Address: 15925 NE Jacksonville Rd, Citra
  • Square Footage: 18,208,080
  • Price per Square Foot: $0.2

The seller of the property was Peter Duarte. Agustin Duarte from REMAX 360 acted as the broker for this transaction.

Players

Agustin Duarte

Re/Max

Broker

$89.7M

vol

25 deals

Broker

Citra Special Purpose Market Snapshot

Boundary boundary · Special Purpose · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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