Updated Dec 4, 2024
Lisa Temple & Liborio Tamburello Close $1.75M Multifamily Deal In Lavallette
22 Ortley Avenue
$1,750,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 11, 2024
About this deal
AI
A multifamily property located at 22 Ortley Ave in Lavallette was sold for $1,750,000. The transaction involved buyer representation by Lisa Temple of Keller Williamsand seller representation by Liborio Tamburello of Signature Realty.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,750,000
- Address: 22 Ortley Avenue
- Market: Lavallette
- Buyer's Rep: Lisa Temple - Keller Williams
- Seller's Rep: Liborio Tamburello - Signature Realty
The deal's key individuals were Lisa Temple from Keller Williams, representing the buyer, and Liborio Tamburello from Signature Realty, representing the seller.
On the Map
$1,750,000
MultiFamily
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Players
Lavallette 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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93