Updated Dec 21, 2023
Coastal Living Real Estate Group Acquires Multifamily Property In Long Beach Township For $1.1M
105 West Maryland Avenue, Long Beach Township, New Jersey 08008, United States
$1,100,000
$795/SF
Building Size
1,383 SF
Asset Type
MultiFamily
Closing
Apr 7, 2022
About this deal
AI
The multifamily property located at 105 Maryland Ave in Long Beach Township has been sold for a price of $1,100,000. The property spans across 1,383 square feet, resulting in a price per square foot of $795.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 105 Maryland Ave
- Market: Long Beach Township
The buyer's representative in this transaction was Laura Tool from Coastal Living Real Estate Group, while the seller's representative was Laura Dunlap from Diane Turton REALTORS.
Players
Long Beach Township 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93