Updated Dec 19, 2023
Suzanne Bullock Acquires Hotel In East Brunswick For $4.6M
555 Old Bridge Turnpike, East Brunswick, NJ, USA
$4,600,000
$262/SF
Building Size
17,500 SF
Asset Type
Hotel
Closing
Apr 15, 2021
About this deal
AI
The hotel located at 555 Old Bridge Tpke in East Brunswick has been sold for $4,600,000. The property features a prime location in the East Brunswick market.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: $4,600,000
- Address: 555 Old Bridge Tpke
- Market: East Brunswick
The buyer of the hotel is Suzanne Bullock, while the sellers are Jaspreet and Manjit Jabbal.
Note: No additional information is available regarding this transaction.
The hotel sale at 555 Old Bridge Turnpike, East Brunswick, NJ, USA in East Brunswick, New Jersey sold for $4.6M in 2021. The building is 17,500 square feet, implying about 262 per square foot on the published price. This page is the East Brunswick, New Jersey file for the 555 Old Bridge Turnpike, East Brunswick, NJ, USA hotel sold: pricing, party profiles, and other closed hotel comps from the same East Brunswick sit in the Market section below. Filter that East Brunswick hotel set by closing date to see what else sold near 555 Old Bridge Turnpike, East Brunswick, NJ, USA around 2021. Published consideration for 555 Old Bridge Turnpike, East Brunswick, NJ, USA is $4.6M, dated 2021. Cite this Suzanne Bullock Acquires Hotel In East Brunswick For $4.6M sale when underwriting similar hotel product around East Brunswick, New Jersey.
Players
East Brunswick Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93