Updated Dec 19, 2023
11-15 Wendell Pl Multifamily In Fairview Sold For $2.32M With Buyer's Rep Alicia Escano & Seller's Rep Jung Hwa Jung - Coldwell Banker
11-15 Wendell Pl, Fairview, NJ, USA
$2,320,000
$232/SF
Building Size
10,000 SF
Asset Type
MultiFamily
Closing
Feb 17, 2021
About this deal
AI
An multifamily property located at 11-15 Wendell Pl in Fairview was recently sold for a price of $2,320,000. The transaction took place on February 18, 2021.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,320,000
- Address: 11-15 Wendell Pl, Fairview
- Market: Fairview
Alicia Escano from RE/MAX Select represented the buyer in this transaction, while Jung Hwa Jung from Coldwell Banker represented the seller.
The multifamily sale at 11-15 Wendell Pl, Fairview, NJ, USA in Fairview, New Jersey sold for $2.3M in 2021. The building is 10,000 square feet, implying about 232 per square foot on the published price. Jung Hwa Jung, Alicia Escano, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Fairview, New Jersey file for the 11-15 Wendell Pl, Fairview, NJ, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Fairview sit in the Market section below. Filter that Fairview multifamily set by closing date to see what else sold near 11-15 Wendell Pl, Fairview, NJ, USA around 2021. Published consideration for 11-15 Wendell Pl, Fairview, NJ, USA is $2.3M, dated 2021. Cite this 11-15 Wendell Pl Multifamily In Fairview Sold For $2.32M With Buyer's Rep Alicia Escano & Seller's Rep Jung Hwa Jung - Coldwell Banker sale when underwriting similar multifamily product around Fairview, New Jersey.
Players
Fairview 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
6.84%
Cash-on-Cash
-1.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93