Akiva Drew Of Drew Capital Secures $4.8M Acquisition Loan For Industrial Property In Toms River
1561 Lakewood Road
$4,800,000
Building Size
—
Asset Type
Industrial
Closing
Apr 26, 2026
AI
The property asset involved in this transaction is located at 1561 Lakewood Road in Toms River, classified as an industrial asset. The transaction encompasses a loan amount of $4,800,000 designated for acquisition purposes.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,800,000
- Broker: Akiva Drew - Drew Capital
- Date of Transaction: 04/27/2026
- Note: ר' ישעי' בן ר' משה
Key individuals involved in the deal include Akiva Drew, who represents the broker agency Drew Capital, playing a crucial role in facilitating the acquisition transaction.
Players
Toms River Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93