Elizabeth Schlesinger Acquires Self Storage In North Brunswick For $5.8M
820 Adams Ln, North Brunswick Township, NJ, USA
$5,855,355
$975/SF
Building Size
6,000 SF
Asset Type
—
Closing
Jul 26, 2021
AI
The self-storage property located at 820 Adams Ln in North Brunswick was recently sold for a total price of $5,855,355. The property offers valuable storage space to individuals and businesses in the area.
Summary of transaction details:
- Property Type: Self Storage
- Transaction Amount: $5,855,355
- Address: 820 Adams Ln, North Brunswick
- Market: North Brunswick
Elizabeth Schlesinger was the buyer of the property, while Robert Moser acted as the seller. Both parties were represented by their respective brokers in the deal.
Players
North Brunswick 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
2.71%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93