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120 Aldene Road, Roselle, N...

Updated Dec 21, 2023

Warehouse In Roselle, NJ Sold For $10.1M
SOLDIndustrial

Warehouse In Roselle, NJ Sold For $10.1M

120 Aldene Road, Roselle, NJ 07203

$10,125,000

Building Size

Asset Type

Industrial

Closing

Dec 21, 2021

About this deal

AI

A warehouse located at 120 Aldene Rd in Roselle, NJ was sold on December 21, 2021 for a total price of $10,125,000. The property is situated in the Roselle market and serves as a valuable asset in the area.

Summary of transaction details

  • Property Type: Warehouse
  • Transaction Amount: $10,125,000
  • Address: 120 Aldene Rd
  • Market: Roselle, NJ

The deal was successfully facilitated by the respective representatives involved in the transaction.

The industrial sale at 120 Aldene Road, Roselle, NJ 07203 in Roselle, New Jersey sold for $10.1M in 2021. 120 Aldene Road, Roselle, NJ 07203 is classified as Industrial on Traded. This page is the Roselle, New Jersey file for the 120 Aldene Road, Roselle, NJ 07203 industrial sold: pricing, party profiles, and other closed industrial comps from the same Roselle sit in the Market section below. Filter that Roselle industrial set by closing date to see what else sold near 120 Aldene Road, Roselle, NJ 07203 around 2021. Published consideration for 120 Aldene Road, Roselle, NJ 07203 is $10.1M, dated 2021. Cite this Warehouse In Roselle, NJ Sold For $10.1M sale when underwriting similar industrial product around Roselle, New Jersey.

Players

Roselle Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.57%

Cash-on-Cash

-0.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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