Updated Dec 21, 2023
Nuno Lemus Acquires Industrial Property In Elizabeth, NJ For $3.8M
878 Woodruff Lane, Elizabeth, New Jersey 07201, United States
$3,800,000
Building Size
—
Asset Type
Industrial
Closing
Jan 5, 2022
About this deal
AI
The industrial property located at 862-878 Woodruff Ln in Elizabeth, NJ was sold on January 6, 2022. The transaction involved the purchase of the property for a total price of $3,800,000. The property is part of the industrial asset type market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,800,000
- Address: 862-878 Woodruff Ln, Elizabeth, NJ
- Buyer: Nuno Lemus
- Seller: Maria A Di Cosmo & Peter Di Cosmo
Nuno Lemus acted as the buyer in this transaction, while Maria A Di Cosmo & Peter Di Cosmo represented the seller as the seller's representatives.
Players
Elizabeth Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93