Updated Nov 3, 2026
901 Aloe Street
901 Aloe Street
$3,300,000
$32/SF
Building Size
101,000 SF
Asset Type
Industrial
Closing
Oct 27, 2026
About this deal
AI
The asset involved in this transaction is a vacant industrial property located at 901 Aloe Street in Egg Harbor City, with a square footage of 101,000. The financing provided amounted to $3,300,000 under a bridge loan type.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,300,000
- Market: Egg Harbor City
- Lender: TrueStone
- Lender's Representative: Edmond Haber - TrueStone
- Landlord's Representatives: David Minzer & Ben Karolitzky - AANDAR Real Estate Capital
- Loan Type: Bridge
The transaction highlighted the collaboration between the representatives involved, with a notable acknowledgment of David Minzer and Ben Karolitzky for facilitating the opportunity to TrueStone Lending. Their effective communication contributed significantly to the efficiency of the closing process, which was completed in just under three weeks. TrueStone’s team was recognized for their dedication in ensuring the successful execution of the deal.
On the Map
$3,300,000
$32/SF
Industrial
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Players
Mays Landing 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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93