Updated Dec 19, 2023
Weichert Realtors Brigantine Realty Acquires Multifamily Property In Brigantine For $1.9M
229 N 10th St, Brigantine, NJ 08203
$1,900,000
Building Size
—
Asset Type
MultiFamily
Closing
Apr 28, 2022
About this deal
AI
Located in Brigantine, the multifamily property at 229 N 10th St was recently sold for a total of $1,900,000. The transaction took place on April 29, 2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,900,000
- Market: Brigantine
Susan Pompei, representing Weichert Realtors Brigantine Realty, served as the buyer's representative in this deal. On the other side, Ada Krebs represented the seller as a part of BHHS Fox and Roach.
The multifamily sale at 229 N 10th St, Brigantine, NJ 08203 in Jackson, New Jersey sold for $1.9M in 2022. 229 N 10th St, Brigantine, NJ 08203 is classified as Multifamily on Traded. Susan Pompei, Ada Krebs, Weichert Realtors, Berkshire Hathaway HomeServices appear on the sale alongside Weichert Realtors, Berkshire Hathaway HomeServices. This page is the Jackson, New Jersey file for the 229 N 10th St, Brigantine, NJ 08203 multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Jackson sit in the Market section below. Filter that Jackson multifamily set by closing date to see what else sold near 229 N 10th St, Brigantine, NJ 08203 around 2022. Published consideration for 229 N 10th St, Brigantine, NJ 08203 is $1.9M, dated 2022. Cite this Weichert Realtors Brigantine Realty Acquires Multifamily Property In Brigantine For $1.9M sale when underwriting similar multifamily product around Jackson, New Jersey.
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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93