Updated Oct 28, 2024
24 Public Road LLC Acquires Industrial Property In Monroe Township From Main Properties LLC & Sablosky Perry For $1.75M
24 Public Rd, Monroe Township, NJ, USA
$1,750,000
$212/SF
Building Size
8,250 SF
Asset Type
Industrial
Closing
Mar 23, 2021
About this deal
AI
The industrial property located at 24 Public Rd in Monroe Township has been sold in a recent transaction. The property spans a total of 8,250 square feet and was sold for a price of $1,750,000, resulting in a price per square foot of $212.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,750,000
- Address: 24 Public Rd
- Market: Monroe Township
The buyer in this transaction is 24 Public Road LLC, while the seller is Main Properties LLC & Sablosky Perry.
Players
Monroe Township 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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93