Updated Feb 12, 2024
Diversified Properties Sells Industrial Property In Montville For Undisclosed Amount
1 Mars Court, Boonton, New Jersey 07005, United States
Building Size
100,000 SF
Asset Type
Industrial
Closing
Mar 1, 2022
About this deal
AI
The industrial property located at 1 Mars Court in Montville was recently sold in a closed transaction on March 2, 2022. The property spans approximately 100,000 square feet and sits on a 4.3-acre lot.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not available
- Address: 1 Mars Court
- Market: Montville
- Seller: Diversified Properties - Nick Minoia
Diversified Properties, represented by Nick Minoia, served as the seller in this transaction. No further details about the buyer or any additional parties involved were provided.
Players
Boonton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93