Updated Oct 28, 2024
Angelo Borrello Acquires Industrial Property In Mansfield, NJ For $3M
3207 U.S. 206, Mansfield, NJ, USA
$3,000,000
$3/SF
Building Size
784,080 SF
Asset Type
Industrial
Closing
Jul 1, 2020
About this deal
AI
An industrial property located at 3207 US-206 in Mansfield, NJ was recently sold in a closed transaction. The property covers an area of 18 acres, with a price per acre of $166,666. Angelo Borrello acquired the property from NJ Properties, represented by Vincenzo Buffolino.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $3,000,000
- Date: 07/01/2021
- Market: Mansfield, NJ
- Buyer: Angelo Borrello
- Seller: NJ Properties - Vincenzo Buffolino
Capri Management & Consulting, a company actively seeking industrial and self-storage properties in NY & NJ, provided the email address [email protected] to receive information on their current property listings.
Players
Princeton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Angelo Borrello to view all their deals.
Browse Princeton industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93