Fairview Multifamily Sells For $1.15M With Jee Mee Lim - Realty 7, LLC As The Broker
173 Battaglia Lane, Fairview, NJ 07022
$1,150,000
$133/SF
Building Size
8,611 SF
Asset Type
MultiFamily
Closing
Dec 13, 2021
AI
Located at 173 Battaglia Ln in Fairview, this multifamily property was recently sold for a price of $1,150,000. The transaction took place on 12/13/2021, and the sale was facilitated by Jee Mee Lim of Realty 7, LLC.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,150,000
- Market: Fairview
- Broker: Jee Mee Lim - Realty 7, LLC
Jee Mee Lim, representing Realty 7, LLC, played a key role in closing this sale. The property, located at 173 Battaglia Ln, offers a prime investment opportunity in the Fairview market.
Players
Fairview 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
13.79%
Cash-on-Cash
-3.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93