Updated Dec 18, 2023
David Templer Acquires Warehouse In Ringwood, NJ For $3.1M
22 Executive Parkway, Ringwood, New Jersey 07456, United States
$3,100,000
Building Size
—
Asset Type
Industrial
Closing
Mar 21, 2022
About this deal
AI
A warehouse located at 22 Executive Pkwy in Ringwood, NJ was recently sold in a transaction. The sale took place on March 22, 2022. The property was purchased for a price of $3,100,000.
Summary of transaction details:
- Property Type: Warehouse
- Transaction Amount: $3,100,000
The buyer in this transaction is David Templer, while the seller is John L Polite.
The industrial sale at 22 Executive Parkway, Ringwood, New Jersey 07456, United States in Ringwood, New Jersey sold for $3.1M in 2022. 22 Executive Parkway, Ringwood, New Jersey 07456, United States is classified as Industrial on Traded. Named participants on the 22 Executive Parkway, Ringwood, New Jersey 07456, United States sale are David Templer. This page is the Ringwood, New Jersey file for the 22 Executive Parkway, Ringwood, New Jersey 07456, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Ringwood sit in the Market section below. Filter that Ringwood industrial set by closing date to see what else sold near 22 Executive Parkway, Ringwood, New Jersey 07456, United States around 2022. Published consideration for 22 Executive Parkway, Ringwood, New Jersey 07456, United States is $3.1M, dated 2022. Cite this David Templer Acquires Warehouse In Ringwood, NJ For $3.1M sale when underwriting similar industrial product around Ringwood, New Jersey.
On the Map
$3,100,000
Industrial
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Players
Ringwood 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93