Updated Dec 22, 2023
Resource Realty Sells Mixed-Use Property In Eatontown For $5.85M
607 Industrial Way West, Eatontown, NJ, USA
$5,850,000
$108/SF
Building Size
54,000 SF
Asset Type
Mixed-use
Closing
May 1, 2021
About this deal
AI
The mixed-use property located at 607 Industrial Way in Eatontown has been sold for a total of $5,850,000. The property spans a total of 54,000 square feet, resulting in a price per square foot of $108.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $5,850,000
- Address: 607 Industrial Way, Eatontown
- Market: Eatontown
The transaction was handled by Andy Rudoff of Resource Realty who represented the buyer and seller in the deal.
The mixed use sale at 607 Industrial Way West, Eatontown, NJ, USA in Asbury Park, New Jersey sold for $5.9M in 2021. The building is 54,000 square feet, implying about 108 per square foot on the published price. Named participants on the 607 Industrial Way West, Eatontown, NJ, USA sale are Andy Rudoff. This page is the Asbury Park, New Jersey file for the 607 Industrial Way West, Eatontown, NJ, USA mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Asbury Park sit in the Market section below. Filter that Asbury Park mixed use set by closing date to see what else sold near 607 Industrial Way West, Eatontown, NJ, USA around 2021. Published consideration for 607 Industrial Way West, Eatontown, NJ, USA is $5.9M, dated 2021. Cite this Resource Realty Sells Mixed-Use Property In Eatontown For $5.85M sale when underwriting similar mixed use product around Asbury Park, New Jersey.
Players
Asbury Park Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.71%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93