Updated Dec 21, 2023
Farley And Ferry Realty Facilitates $1.67M Multifamily Sale In Ventnor, NJ
101 South Victoria Avenue, Ventnor City, NJ 08406
$1,671,000
$113/SF
Building Size
14,720 SF
Asset Type
MultiFamily
Closing
May 11, 2021
About this deal
AI
A multifamily property located at 101 S Victoria Ave in Ventnor, NJ, was recently sold for a total price of $1,671,000. The transaction took place on May 12, 2021, and was facilitated by Mary Lou Ferry Wimmer from Farley and Ferry Realty. The property's image can be viewed on Mary Lou Ferry Wimmer's Instagram account.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,671,000
- Address: 101 S Victoria Ave, Ventnor, NJ
- Market: Ventnor, NJ
Mary Lou Ferry Wimmer, a representative from Farley and Ferry Realty, played a crucial role in the successful sale of this multifamily property. The deal showcases the expertise and professionalism of both the buyer and seller represented by Mary Lou Ferry Wimmer.
Players
Ventnor City MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.49%
Cash-on-Cash
-2.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93