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30 Sherwood Lane, Fairfield...

Updated Dec 21, 2023

Eamon Loughran Acquires Industrial Property In Fairfield, NJ For $1.5M
SOLDIndustrial

Eamon Loughran Acquires Industrial Property In Fairfield, NJ For $1.5M

30 Sherwood Lane, Fairfield Township, New Jersey 07004, United States

$1,500,000

Building Size

Asset Type

Industrial

Closing

Feb 24, 2022

About this deal

AI

An industrial property located at 30 Sherwood Ln in Fairfield, NJ has been sold in a transaction that took place on February 25, 2022. The property was purchased for a price of $1,500,000.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $1,500,000
  • Address: 30 Sherwood Ln, Fairfield, NJ

In this deal, Eamon Loughran acted as the buyer, while Yixian Gu was the seller.

The industrial sale at 30 Sherwood Lane, Fairfield Township, New Jersey 07004, United States in Fairfield, New Jersey sold for $1.5M in 2022. 30 Sherwood Lane, Fairfield Township, New Jersey 07004, United States is classified as Industrial on Traded. This page is the Fairfield, New Jersey file for the 30 Sherwood Lane, Fairfield Township, New Jersey 07004, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Fairfield sit in the Market section below. Filter that Fairfield industrial set by closing date to see what else sold near 30 Sherwood Lane, Fairfield Township, New Jersey 07004, United States around 2022. Published consideration for 30 Sherwood Lane, Fairfield Township, New Jersey 07004, United States is $1.5M, dated 2022. Cite this Eamon Loughran Acquires Industrial Property In Fairfield, NJ For $1.5M sale when underwriting similar industrial product around Fairfield, New Jersey.

Players

Fairfield 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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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