Nicholas DelGuidice Acquires Industrial Property In Glen Gardner, NJ For $1.21M
SOLD
$1,210,000
New Jersey
See Similar DealsIndustrial6,400 SF
Sold 05/13/2021
SOLD
Nicholas DelGuidice Acquires Industrial Property In Glen Gardner, NJ For $1.21M
2157 Route 31, Glen Gardner, NJ, USA
See Similar DealsIndustrial6,400 SF
Sold 05/13/2021
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$189
Total Square Footage:6,400 SF
Transaction Type:Sale
A industrial property located at 2157 U.S. Highway 31 in Glen Gardner, NJ has been sold for a price of $1,210,000. The sale took place on 05/13/2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,210,000
The buyer of the property is Nicholas DelGuidice, while the seller is Terminus Occidentalis. James Costanzo from Charity Realty International represented the buyer, and David Chippendale from Weichert Commercial Brokerage represented the seller in this transaction.
No additional information about the property or the individuals involved in the deal is available at this time.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,298.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,736.02
Annual Debt Service$68,832.21
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