SOLDIndustrial
Brandon Johnson Of Catalyst Investment Partners Buys Industrial Property For $3.83M
4 Larwin Road
$3,830,000
$289/SF
Building Size
13,242 SF
Asset Type
Industrial
Closing
Jul 1, 2024
AI
The industrial property located at 4 Larwin Road in Cherry Hill, NJ, was sold for $3,830,000. The asset spans 13,242 square feet, resulting in a price per square foot of $289.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,830,000
- Buyer: Brandon Johnson - Catalyst Investment Partners
- Broker: Guy Hananya - Clear Height Advisors
Brandon Johnson of Catalyst Investment Partners acquired the industrial property, facilitated by Guy Hananya from Clear Height Advisors.
Cherry Hill 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
4.14%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93