Elizabeth Schlesinger Acquires Self Storage In North Brunswick For $5.8M
SOLD
$5,855,355
New Jersey
See Similar Deals6,000 SF
Sold 07/27/2021
SOLD
Elizabeth Schlesinger Acquires Self Storage In North Brunswick For $5.8M
820 Adams Ln, North Brunswick Township, NJ, USA
See Similar Deals6,000 SF
Sold 07/27/2021
Summary
NEW JERSEY
Price Per Square Foot:$975
Total Square Footage:6,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$312,285.60
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,802.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,757.37
Annual Debt Service$333,088.44
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