Updated Oct 28, 2024
Lennar & U S Home Corporation Acquires Other Vacant Property In Monroe Township, NJ For $3.65M
276 Deans Rhode Hall Road, South Brunswick, New Jersey 08831, United States
$3,650,000
Building Size
—
Asset Type
Other
Closing
Jan 10, 2022
About this deal
AI
The other vacant property located at 276 Deans Rhode Hall Rd in Monroe Township, NJ was sold on January 11, 2022. The transaction involved the buyers, Lennar & U S Home Corporation, and the seller, Dallenbach Sand Co Inc. The property was sold for a total price of $3,650,000.
Summary of transaction details
- Property Type: Other Vacant
- Transaction Amount: $3,650,000
- Address: 276 Deans Rhode Hall Rd, Monroe Township, NJ
- Buyer: Lennar & U S Home Corporation
- Seller: Dallenbach Sand Co Inc
This transaction highlights the involvement of Lennar & U S Home Corporation as the buyers and Dallenbach Sand Co Inc as the seller. The sale of the other vacant property signifies a significant real estate deal in Monroe Township, NJ.
Players
Monroe Township Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93