Updated Dec 21, 2023
Weichert Realtors Acquires Multifamily Property In Brigantine For $1.7M
223 N 10th St, Brigantine, NJ 08203
$1,700,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 28, 2022
About this deal
AI
Located at 223 N 10th St in Brigantine, this multifamily property has been sold in a recent transaction. The sale took place on April 29, 2022, and the property was represented by Ada Krebs from BHHS Fox and Roach. The property was sold for a price of $1,700,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Market: Brigantine
Susan Pompei from Weichert Realtors Brigantine Realty represented the buyer in this sale. The deal was facilitated by Ada Krebs, who represented the seller. Both parties played crucial roles in ensuring the successful completion of the transaction.
Players
Jackson 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93