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138 East 15th Street, Ship ...

Updated Dec 18, 2023

Coldwell Banker Riviera Realty Acquires Multifamily Property In Ship Bottom, NJ For $3.1M
SOLDMultiFamily

Coldwell Banker Riviera Realty Acquires Multifamily Property In Ship Bottom, NJ For $3.1M

138 East 15th Street, Ship Bottom, NJ, USA

$3,100,000

$748/SF

Building Size

4,140 SF

Asset Type

MultiFamily

Closing

Sep 23, 2021

About this deal

AI

The multifamily property located at 138 E 15th St in Ship Bottom, NJ has been sold for $3,100,000. The property spans 4,140 square feet, resulting in a price per square foot of $749.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $3,100,000
  • Address: 138 E 15th St, Ship Bottom, NJ
  • Market: Ship Bottom, NJ

The buyer was represented by Samantha Johnson-Leonberger and Nancy Remini from Coldwell Banker Riviera Realty, Inc. On the other hand, Theresa Jensen from Mary Allen Realty, Inc. acted as the seller's representative.

Players

Samantha Johnson-Leonberger

Coldwell Banker

Broker

$3.1M

vol

1 deal

Broker

Beach Haven MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $748 per square foot on a published $3.1M for 4,140 square feet (2021).

Visit Coldwell Banker to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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