Updated Dec 21, 2023
Roselli Realty Acquires Multifamily Asset In Lodi, NJ For $1.5M
52 Liberty Street, Lodi, New Jersey 07644, United States
$1,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 29, 2021
About this deal
AI
The multifamily property located at 52 Liberty St in Lodi, NJ has been sold for a total price of $1,500,000. The transaction took place on December 29, 2021, and was facilitated by Philip Roselli from Roselli Realty, LLC. The property is situated in a desirable market, making it an attractive investment opportunity.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Date: 12/29/2021
- Address: 52 Liberty St, Lodi, NJ
- Market: Lodi, NJ
Philip Roselli from Roselli Realty, LLC served as the broker in this transaction. His expertise and representation were crucial in finalizing the deal.
Players
Lodi 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
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93