EverWest Real Estate Investors Acquires New Jersey Industrial Portfolio For $37.1M
New Jersey, United States
$37,100,000
$317/SF
Building Size
117,000 SF
Asset Type
Industrial
Closing
Apr 7, 2022
AI
Located in New Jersey, the New Jersey Industrial Portfolio has recently been sold in a closed transaction. The industrial property spans approximately 117,000 square feet and is situated within the New Jersey market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $37,100,000
- Price per Square Foot: $317
EverWest Real Estate Investors, represented by John Maurer, acted as the buyer in this transaction. John Maurer, from EverWest Real Estate Investors, facilitated the deal on behalf of the buyer.
Jackson Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.43%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93