Ashley Kim Of RE/MAX Select Facilitates $2.1M Multifamily Sale In Palisades Park
111 Sunset Place
$2,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Mar 25, 2024
AI
In Palisades Park, the multifamily property located at 111 Sunset Place was sold for $2,100,000. The transaction was facilitated by broker Ashley Kim of RE/MAX Select.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,100,000
- Address: 111 Sunset Place
- Market: Palisades Park
- Broker: Ashley Kim - RE/MAX Select
The sale of the property at 111 Sunset Place was brokered by Ashley Kim of RE/MAX Select, showcasing the dedication and expertise of the real estate professional in closing lucrative deals in Palisades Park.
Players
Palisades Park MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93