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Swedesboro Industrial Property Sells For $13.5M
SOLD
$13,500,000
+ 4
New Jersey
See Similar DealsIndustrial119,000 SF
Sold 05/11/2023
SOLD
Swedesboro Industrial Property Sells For $13.5M
1654 High Hill Rd Logan Township, NJ 08085, USA
See Similar DealsIndustrial119,000 SF
Sold 05/11/2023
+ 4
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$113
Total Square Footage:119,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$720,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$47,962.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,996.89
Annual Debt Service$767,962.65
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