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147 Perrineville Rd, Robbin...

Updated Dec 21, 2023

Realty Mark Central, LLC Acquires 26.76 Acres Of Land In Robbinsville For $3M
SOLD

Realty Mark Central, LLC Acquires 26.76 Acres Of Land In Robbinsville For $3M

147 Perrineville Rd, Robbinsville, NJ 08691

$3,000,000

Building Size

Asset Type

Closing

Aug 21, 2022

About this deal

AI

A land located at 147 Perrineville Rd in Robbinsville has been sold for $3,000,000. The property consists of 26.76 acres and was sold on 08/22/2022.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $3,000,000
  • Address: 147 Perrineville Rd
  • Market: Robbinsville
  • Acres: 26.76

The buyer's representative in this transaction was Rajeshkumar Patel from Realty Mark Central, LLC, while the seller's representative was Dru Damico from Arrow Real Estate Services.

The commercial sale at 147 Perrineville Rd, Robbinsville, NJ 08691 in Robbinsville, New Jersey sold for $3M in 2022. Dru Damico, Arrow Real Estate Services, Realty Mark appear on the sale alongside Arrow Real Estate Services, Realty Mark. This page is the Robbinsville, New Jersey file for the 147 Perrineville Rd, Robbinsville, NJ 08691 commercial sold: pricing, party profiles, and other closed commercial comps from the same Robbinsville sit in the Market section below. Filter that Robbinsville commercial set by closing date to see what else sold near 147 Perrineville Rd, Robbinsville, NJ 08691 around 2022. Published consideration for 147 Perrineville Rd, Robbinsville, NJ 08691 is $3M, dated 2022. Cite this Realty Mark Central, LLC Acquires 26.76 Acres Of Land In Robbinsville For $3M sale when underwriting similar commercial product around Robbinsville, New Jersey.

Players

Dru Damico

Arrow Real Estate Services

Broker

$3M

vol

1 deal

Broker
Realty Mark
Realty MarkBrokerage

Robbinsville 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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