Kiam & Abraham LLC Purchases Property At 88 Bartley Flanders Rd From William J. Habermann
88 Bartley Flanders Rd, Mount Olive T...
Building Size
1,510 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
88 Bartley Flanders Rd, Mount Olive is a property that has changed ownership. The seller, William J. Habermann, has completed a transaction involving the property, which has a square footage of 1510.
Summary of transaction details:
- Property Type: SALE
- Transaction Amount: Not specified
- Address: 88 Bartley Flanders Rd, Mount Olive
- Buyer: Kiam & Abraham, LLC
- Seller: William J. Habermann
- Buyer's Representative: Joseph Vindigni (NAI James E. Hanson)
- Square Footage: 1510
The transaction highlights the involvement of Kiam & Abraham, LLC as the buyer, represented by Joseph Vindigni from NAI James E. Hanson, indicating a collaborative effort in the property acquisition process.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93