Peter Duarte Sells Special Purpose Property In Citra For $4.5M
SOLD
$4,500,000
Florida
See Similar DealsSpecial Purpose18,208,080 SF
Sold 07/20/2022
SOLD
Peter Duarte Sells Special Purpose Property In Citra For $4.5M
15925 Northeast Jacksonville Road
See Similar DealsSpecial Purpose18,208,080 SF
Sold 07/20/2022
Summary
FLORIDA
Asset Type:Special Purpose
Price Per Square Foot:$0
Total Square Footage:18,208,080 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$240,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,987.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,332.30
Annual Debt Service$255,987.55
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