Realty Capital Finance Acquires Multifamily Property In Woodbridge For $3.15M
FINANCED
$3,150,000
New Jersey
See Similar DealsMultiFamily15,399 SF
Financed 07/01/2022
FINANCED
Realty Capital Finance Acquires Multifamily Property In Woodbridge For $3.15M
20 Claire Avenue, Woodbridge, New Jersey 07095, United States
See Similar DealsMultiFamily15,399 SF
Financed 07/01/2022
Summary
NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$204
Total Square Footage:15,399 SF
Transaction Type:Loan
The multifamily property located at 20 Claire Ave in Woodbridge was recently involved in a closed transaction. The property spans approximately 15,399 square feet, making it a significant investment opportunity.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $3,150,000
- Address: 20 Claire Ave, Woodbridge
- Market: Woodbridge
Realty Capital Finance LLC, represented by Mark Safrin, Heshy Safrin, and Mo Weinberg, provided the necessary loan for the acquisition. The loan amount totaled $3,150,000, highlighting the significant investment made in this transaction.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,150,000.00
Monthly NOI$21,000.00
Monthly Debt Service$19,910.14
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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