G.S. Wilcox & Co. Arranges $6.8M Loan For Bridgewater Office Property
FINANCED
$6,800,000
New Jersey
See Similar DealsOffice111,500 SF
Financed 01/14/2021
FINANCED
G.S. Wilcox & Co. Arranges $6.8M Loan For Bridgewater Office Property
1200 U.S. 22, Bridgewater Township, NJ, USA
See Similar DealsOffice111,500 SF
Financed 01/14/2021
Summary
NEW JERSEY
Asset Type:Office
Price Per Square Foot:$61
Total Square Footage:111,500 SF
Transaction Type:Loan
The office property located at 1200 US Route 22 E. in Bridgewater, was involved in a closed transaction. The property spans 111,500 square feet and is situated in the Bridgewater market.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $6,800,000
The deal was brokered by David Fryer from G.S. Wilcox & Co. who represented the parties involved in the transaction.
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Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$6,800,000.00
Monthly NOI$45,333.33
Monthly Debt Service$42,980.63
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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