Updated Dec 19, 2023
Schlosser Real Estate Acquires Lavallette Multifamily For $1.485M
10 Elizabeth Avenue, Lavallette, New Jersey 08735, United States
$1,485,000
$1,095/SF
Building Size
1,355 SF
Asset Type
MultiFamily
Closing
Feb 11, 2022
About this deal
AI
A multifamily property located at 10 Elizabeth Ave in Lavallette has been sold for a price of $1,485,000. The transaction took place on February 12, 2022. The property was listed by Schlosser Real Estate, Inc., with Matthew Schlosser, Andrea Schlosser, and Rachel Baran representing the sellers.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,485,000
Matthew Schlosser, Andrea Schlosser, and Rachel Baran from Schlosser Real Estate, Inc. were the brokers involved in the deal. They played a crucial role in facilitating the transaction and ensuring a successful outcome for both the buyer and the seller.
On the Map
$1,485,000
$1,095/SF
MultiFamily
View full map
Players
Lavallette MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Andrea Schlosser to view all their deals.
Browse New Jersey multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.68%
Cash-on-Cash
-3.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93