Updated Dec 4, 2024
Joni Sweetwood Of Kislak Brokers $8.9M Package Deal In East Orange, NJ
$8,900,000
Units
8,900,000
Asset Type
Package Deal
Closing
Mar 5, 2024
About this deal
AI
The package deal in East Orange, NJ, consisting of 61 units, was sold for $8,900,000, equating to approximately $145,902 per unit.
Summary of transation details:
- Property Type: Package Deal
- Transaction Amount: $8,900,000
- Units: 61
- Price Per Unit: $145,902
- Market: East Orange, NJ
Joni Sweetwood of Kislak represented the deal as the broker.
Joni Sweetwood Of Kislak Brokers $8.9M Package Deal In East Orange, NJ is logged as a package deal sale on Traded (2024). Joni Sweetwood Of Kislak Brokers $8.9M Package Deal In East Orange, NJ is classified as Package Deal on Traded. Joni Sweetwood, Kislak appear on the sale alongside Kislak. This page is the market file for the Joni Sweetwood Of Kislak Brokers $8.9M Package Deal In East Orange, NJ package deal sold: pricing, party profiles, and other closed package deal comps from the same area sit in the Market section below. Cite this Joni Sweetwood Of Kislak Brokers $8.9M Package Deal In East Orange, NJ sale when underwriting similar package deal product.
Players
Market Package Deal Market Snapshot
Boundary boundary · Package Deal · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93