Swedesboro Industrial Property Sells For $13.5M
1654 High Hill Rd Logan Township, NJ 08085, USA
$13,500,000
$113/SF
Building Size
119,000 SF
Asset Type
Industrial
Closing
May 11, 2023
AI
An industrial property in Swedesboro has been sold for a price of $13,500,000. The property comprises of an undisclosed number of units, with an approximate price per unit of Infinity$. The total square footage of the property is 0, resulting in an approximate price per square foot of Infinity$. The exact address of the industrial property is not provided.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $13,500,000
No additional information is available regarding the buyer, seller, buyer's representative, seller's representative, or brokers involved in this transaction.
Players
New Jersey 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
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93