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449 Green St, Woodbridge To...

Altitude Trampoline Park Leases 42508 Square Feet At 449 Green St Woodbridge From Onyx Equities
LEASEDMultiFamily

Altitude Trampoline Park Leases 42508 Square Feet At 449 Green St Woodbridge From Onyx Equities

449 Green St, Woodbridge Township...

Building Size

42,508 SF

Asset Type

MultiFamily

Closing

Nov 19, 2023

AI

The property involved in this lease transaction is located at 449 Green St, Woodbridge Township, in the Woodbridge market. The total square footage of the property is 42,508 square feet. The landlord for this transaction is Onyx Equities LLC.

Summary of transaction details:

This lease transaction involves several key individuals and entities. The landlord's representatives include Matthew Flath from Onyx Equities and James Daughrity, Dina Santarelli from Sabre Real Estate Group, along with James Cavanaugh. The broker representing the deal is Jeff McElhinny from Atlantic Retail Properties.

Players

James Daughrity

Daughrity Real Estate

Broker

$82.7M

vol

13 deals

Broker
OL
Onyx Equities LLCLandlord

Woodbridge MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93