AMD Renaissance LLC Acquires Industrial Property In Freehold, NJ For $3.35M
265 Willow Brook Rd
$3,350,000
$235/SF
Building Size
14,229 SF
Asset Type
Industrial
Closing
Nov 8, 2022
AI
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
Freehold 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
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93