Updated Dec 20, 2023
Max Lomas Sells Eastampton Multifamily On Woodlane Rd For $1.5M
1200 Woodlane Road, Eastampton Township, New Jersey 08060, United States
$1,500,000
$135/SF
Building Size
11,106 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
About this deal
AI
The multifamily property located at 1200 Woodlane Rd in Eastampton has been sold for $1,500,000. The transaction took place on 04/29/2022 and the property spans a total area of 11,106 square feet. With a price per square foot (PPSF) of $135, this property offers a valuable investment opportunity in the Eastampton market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Address: 1200 Woodlane Rd
- Market: Eastampton
- Square Footage: 11,106
The buyer's representative in this transaction was Sandy Kakani from Realty Mark Central, LLC. On the other side, Max Lomas, representing RE/MAX Properties, served as the seller's representative. With their expertise, they facilitated a successful deal for both parties involved.
Players
Mount Holly 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93