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102 Beacon Boulevard, Sea G...

Keller Williams Realty Acquires Land In Sea Girt For $2,015,000
SOLD

Keller Williams Realty Acquires Land In Sea Girt For $2,015,000

102 Beacon Boulevard, Sea Girt, New Jersey 08750, United States

$2,015,000

Building Size

Asset Type

Closing

May 23, 2022

AI

102 Beacon Blvd in Sea Girt has been recently sold for a price of $2,015,000. The property is a land asset and was sold on 05/24/2022. The sale was represented by Megan Schell Schnurr from Keller Williams Realty, acting on behalf of the buyer, and Denise Dreyer from Ward Wight Sotheby's International Realty, representing the seller.

Summary of transation details

  • Property Type: Land
  • Transaction Amount: $2,015,000
  • Date: 05/24/2022
  • Address: 102 Beacon Blvd
  • Market: Sea Girt
  • Buyer's Representative: Megan Schell Schnurr - Keller Williams Realty
  • Seller's Representative: Denise Dreyer - Ward Wight Sotheby's International Realty

Megan Schell Schnurr from Keller Williams Realty represented the buyer in the transaction, while Denise Dreyer from Ward Wight Sotheby's International Realty acted as the seller's representative. This successful sale of the land asset further highlights the expertise and professionalism of both parties involved in the deal.

Players

Denise Dreyer

Sotheby's International Realty

Broker

$13.3M

vol

6 deals

Broker

Sea Girt 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

7.87%

Cash-on-Cash

-2.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93