Nat Gambuzza & Trevor Fiebel Of Berkadia Represent Sale Of 54 Unit Multifamily At 89 Tunison Lane
SOLD
New Jersey
See Similar DealsMultiFamily55,000 SF
Sold
SOLD
Nat Gambuzza & Trevor Fiebel Of Berkadia Represent Sale Of 54 Unit Multifamily At 89 Tunison Lane
89 Tunison Lane
See Similar DealsMultiFamily55,000 SF
Sold
Summary
NEW JERSEY
Asset Type:MultiFamily
Total Square Footage:55000 SF
Transaction Type:Sale
The property involved in the transaction is a multifamily asset located at 89 Tunison Lane in Bridgewater Oaks. The property comprises 54 units and has a total square footage of 66,300. It is situated in the Bridgewater market.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Units: 54
- Square Footage: 66,300
- Address: 89 Tunison Lane - Bridgewater Oaks
- Market: Bridgewater
- Brokers: Nat Gambuzza & Trevor Fiebel - Berkadia
Nat Gambuzza and Trevor Fiebel represent the brokerage company Berkadia in this transaction, facilitating the deal on behalf of the involved parties.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$973,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$64,838.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$86,514.31
Annual Debt Service$1,038,171.73
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