Pomarco Technologies Sells Industrial Property In Roselle For $2M With Brokers Jordan Metz, Eric Koons & Wellern Yu
SOLD
$2,000,000
New Jersey
See Similar DealsIndustrial20,000 SF
Sold 03/09/2021
SOLD
Pomarco Technologies Sells Industrial Property In Roselle For $2M With Brokers Jordan Metz, Eric Koons & Wellern Yu
218-224 11th Ave, Roselle, NJ, USA
See Similar DealsIndustrial20,000 SF
Sold 03/09/2021
Summary
NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$100
Total Square Footage:20,000 SF
Transaction Type:Sale
Pomarco Technologies LLC has sold an industrial property located at 218-224 11th Ave. in Roselle. The property spans 20,000 square feet and was sold for a price of $2,000,000, resulting in a price per square foot of $100.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,000,000
- Market: Roselle
- Seller: Pomarco Technologies LLC
- Brokers: Jordan Metz, Eric Koons & Wellern Yu - Bussel Realty Corp.
- Date: 03/09/2021
Jordan Metz, Eric Koons, and Wellern Yu from Bussel Realty Corp. represented Pomarco Technologies LLC in the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
Is there something missing? Send suggestions