facebook
Traded Co logo
Submit

The Van Dyk Group Acquires Multifamily Property In Beach Haven For $1.5M

Property Image
SOLD
$1,500,000

New Jersey

See Similar Deals
MultiFamily1,452 SF
Sold 04/18/2022
the dealplayerscompscontact
Property Image
SOLD

The Van Dyk Group Acquires Multifamily Property In Beach Haven For $1.5M

209 Jeffries Avenue, Beach Haven, New Jersey 08008, United States

See Similar Deals
MultiFamily1,452 SF
Sold 04/18/2022
Contact now

Summary

NEW JERSEY
Asset Type:MultiFamily
Price Per Square Foot:$1,033
Total Square Footage:1,452 SF
Transaction Type:Sale

A multifamily property located at 209 Jefferis Ave in Beach Haven has been sold for $1,500,000. The property spans 1,452 square feet, resulting in a price per square foot of $1,033. The sale took place on April 18, 2022. The transaction was facilitated by Rita Rapella from Diane Turton REALTORS, representing the seller, and Nathaniel Colmer from The Van Dyk Group, representing the buyer.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Address: 209 Jefferis Ave
  • Market: Beach Haven
  • Square Footage: 1,452
  • Price per Square Foot: $1,033
  • Buyer's Rep: Nathaniel Colmer - The Van Dyk Group
  • Seller's Rep: Rita Rapella - Diane Turton REALTORS

The seller, Rita Rapella, and the buyer's representative, Nathaniel Colmer, played integral roles in facilitating this successful transaction. Their expertise in real estate and negotiation skills were key factors contributing to the completion of the deal.

Players

Nathaniel Colmer
4 deals$7M volume
BROKER

Rita Rapella
Diane Turton, Realtors
1 deal$1.5M volume
BROKER

Details

SOLD
IMAGE: Rita Rapella DATE: 04/18/2022 ADDRESS: 209 Jefferis Ave MARKET: Beach Haven ASSET TYPE: Multifamily BUYER'S REP: Nathaniel Colmer - The Van Dyk Group (@VanDykGroup) SELLER'S REP: Rita Rapella (@RitaRap1) (@BuyBeachHaven) - Diane Turton REALTORS (@DianeTurton.Realtors) SALE PRICE: $1,500,000 SF: 1,452 ~ PPSF: $1,033

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$79,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18