Updated Dec 21, 2023
Dawn Pawliski Acquires Multifamily In Long Beach, NJ For $3.8M
126 East Texas Avenue, Long Beach Township, New Jersey 08008, United States
$3,800,000
$1,391/SF
Building Size
2,730 SF
Asset Type
MultiFamily
Closing
May 17, 2022
About this deal
AI
The multifamily property located at 126 East Texas Ave in Long Beach, NJ was recently sold for $3,800,000. Spanning across 2,730 square feet, the property was purchased at an average price per square foot of $1,391.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,800,000
- Address: 126 East Texas Ave, Long Beach, NJ
- Market: Long Beach, NJ
- Square Footage: 2,730
- Price per Square Foot: $1,391
The buyer, Dawn Pawliski, acquired the property from the sellers, Michael Kapnick & Mark Kapnick, for the mentioned price.
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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93