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AMD Renaissance LLC Acquires Industrial Property In Freehold, NJ For $3.35M

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SOLD
$3,350,000

New Jersey

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Industrial14,229 SF
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Property Image
SOLD

AMD Renaissance LLC Acquires Industrial Property In Freehold, NJ For $3.35M

265 Willow Brook Rd

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Industrial14,229 SF
Sold
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Summary

NEW JERSEY
Asset Type:Industrial
Price Per Square Foot:$235
Total Square Footage:14229 SF
Transaction Type:Sale

The property involved in this transaction is an industrial asset located at 265 Willow Brook Rd in Freehold, NJ. The sale of this property took place on November 8, 2022. The property spans a total square footage of 14,229 and was sold for a price of $3,350,000 at a price per square foot of $235.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,350,000
  • Address: 265 Willow Brook Rd, Freehold, NJ
  • Square Footage: 14,229
  • Market: Freehold, NJ

AMD Renaissance LLC acted as the buyer in this transaction, while Dawhud LLC was the seller. The brokers involved in this deal were Glenn Jaffe from KW Commercial and Joel Dicker from Bennett Realty & Development.

Players

Glenn Jaffe
7 deals$15.3M volume
BROKER

Joel Dicker
Bennett Realty & Development
2 deals$6.7M volume(732) 444-2449
BROKER

Details

SOLD
IMAGE: Glenn Jaffe & Joel Dicker DATE: 11/08/2022 ADDRESS: 265 Willow Brook Rd MARKET: Freehold, NJ ASSET TYPE: Industrial BUYER: AMD Renaissance LLC SELLER: Dawhud LLC BROKERS: Glenn Jaffe - KW Commercial (@Kw_Commercial) (@Kw.Commercial); Joel Dicker - Bennett Realty & Development (@Bennett_Realty_Development) SALE PRICE: $3,350,000 SF: 14,229 ~ PPSF: $235

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$178,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,901.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,880.71
Annual Debt Service$190,568.51