Jacob Vogel & Steve David Of Rosewood Realty Group Sell 140 Unit Multifamily In Burlington
2315 Rancocas-Springfield Road
Building Size
150,011 SF
Asset Type
MultiFamily
Closing
Apr 14, 2026
AI
The property asset involved in the transaction is a multifamily unit located at 2315 Rancocas-Springfield Road in the Burlington market. This asset encompasses 140 units with a total square footage of 150,011.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not disclosed
- Units: 140
- Square Footage: 150,011
- Address: 2315 Rancocas-Springfield Road
- Market: Burlington
The brokers representing the transaction are Jacob Vogel and Steve David from Rosewood Realty Group, facilitating the deal involving the multifamily asset.
Players
Burlington 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
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93