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5309 U.S. 9, Howell, NJ, 07731

Unknown Buyer Acquires Property In Howell New Jersey For $3.1 Million With Seller's Rep Karly Iacono CBRE
SOLD

Unknown Buyer Acquires Property In Howell New Jersey For $3.1 Million With Seller's Rep Karly Iacono CBRE

5309 U.S. 9, Howell, NJ, 07731

$3,100,000

Building Size

Asset Type

Closing

Nov 20, 2023

AI

A property located at 5309 U.S. 9, Howell, NJ, 07731 has been sold for a total transaction amount of $3,100,000.00. The property is situated in the Howell market and features an unspecified square footage of 0.

Summary of transaction details:

  • Property Type: Unknown
  • Transaction Amount: $3,100,000.00
  • Address: 5309 U.S. 9, Howell, NJ, 07731
  • Market: Howell
  • Seller's Representative: Karly Iacono (CBRE)
  • Buyer: Unknown
  • Seller: Unknown

The transaction involves Karly Iacono of CBRE representing the seller in this sale. The identities of both the buyer and the seller remain undisclosed in this context.

Players

Karly Iacono

CBRE

Broker

$74.9M

vol

10 deals

Broker

Howell 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

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93