400 Cooper Road LLC Acquires Industrial Property In West Berlin, NJ For $2.59M
400 Cooper Road, West Berlin, NJ, USA
$2,590,000
$66/SF
Building Size
38,928 SF
Asset Type
Industrial
Closing
Jun 15, 2020
AI
The industrial property located at 400 Cooper Road in West Berlin, NJ was recently sold in a transaction that closed on June 15, 2021. The buyer of the property is 400 Cooper Road LLC, represented by Brendan Fernandes. The seller of the property is GW Investors LLC.
Summary of transation details
- Property Type: Industrial
- Transaction Amount: $2,590,000
- Square Footage: 38,928
- Price Per Square Foot: $67
- Address: 400 Cooper Road, West Berlin, NJ
- Market: West Berlin, NJ
The deal was facilitated by Brett Davidoff of Rose Commercial Real Estate, who represented the buyer, 400 Cooper Road LLC, in the transaction. Brett Davidoff's expertise and guidance were instrumental in the successful completion of the deal.
West Berlin 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
6.12%
Cash-on-Cash
-1.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93