Lin Family Plaza LLC Acquires Retail Property In Maple Shade, NJ For $900,000
28 South Church Road, Maple Shade, NJ 08052
$900,000
$243/SF
Building Size
3,700 SF
Asset Type
Retail
Closing
Jun 7, 2020
AI
The retail property located at 28 S. Church Road in Maple Shade, NJ has been sold for a price of $900,000. The property spans 3,700 square feet, resulting in a price per square foot of $243. The transaction took place on June 7, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $900,000
- Address: 28 S. Church Road, Maple Shade, NJ
- Market: Maple Shade, NJ
- Square Footage: 3,700
- Price per Square Foot: $243
The buyer of the property is Lin Family Plaza LLC and the seller is Ramualdo Lamberti. The deal was facilitated by Adam Rose from Rose Commercial Real Estate.
Players
Maple Shade Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
17.63%
Cash-on-Cash
-5.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93