Updated Dec 20, 2023
Chipper Jones Acquires Single Family Home In Morganton, NC For $3M
$3,000,000
Building Size
—
Asset Type
Single Family
Closing
Jul 26, 2022
About this deal
AI
Chipper Jones has recently purchased a single-family property in Morganton, NC for a total of $3,000,000. The transaction took place on July 26, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,000,000
- Market: Morganton, NC
- Buyer: Chipper Jones
This deal showcases Chipper Jones' investment in the real estate market. Acting as both the buyer and investor, Jones saw potential in this single-family property in Morganton, NC. With a transaction amount of $3,000,000, Jones demonstrates confidence in the value of this asset and its potential for growth.
Players
Eastman Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93