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79 2nd Street

Shawn McEnteer & Katherine Elliott Facilitate $1.279M Sale In South Orange Village Township
SOLDMultiFamily

Shawn McEnteer & Katherine Elliott Facilitate $1.279M Sale In South Orange Village Township

79 2nd Street

$1,279,000

Building Size

Asset Type

MultiFamily

Closing

May 9, 2024

AI

A multifamily property located at 79 2nd Street in South Orange Village Township was recently sold for $1,279,000. The transaction was facilitated by Shawn McEnteer of EXP Realty, representing the buyer, and Katherine Elliott of Coldwell Banker, representing the seller.

Summary of transaction details:

Shawn McEnteer from EXP Realty served as the buyer's representative in the acquisition of the multifamily property at 79 2nd Street. On the other side, Katherine Elliott, associated with Coldwell Banker, acted as the seller's representative during the transaction.

Players

Katherine Elliott

Coldwell Banker

Broker

$1.3M

vol

1 deal

Broker

South Orange 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

12.40%

Cash-on-Cash

-3.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93