April Blount & Brandon Blount Of Berkshire Hathaway HomeServices Facilitate Retail Sale In Morganville For $2M
SOLD
$2,000,000
New Jersey
See Similar DealsRetail1 SF
Sold 07/03/2025
SOLD
April Blount & Brandon Blount Of Berkshire Hathaway HomeServices Facilitate Retail Sale In Morganville For $2M
448 Fawns Run
See Similar DealsRetail1 SF
Sold 07/03/2025
Summary
NEW JERSEY
Asset Type:Retail
Price Per Square Foot:$2,000,000
Total Square Footage:1 SF
Transaction Type:Sale
The asset involved in this transaction is a retail property located at 448 Fawns Run, situated in the Morganville market. The sale price for this property was $2,000,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,000,000
- Address: 448 Fawns Run
- Market: Morganville
- Brokers: April Blount & Brandon Blount - Berkshire Hathaway HomeServices
April Blount and Brandon Blount represented the seller in this transaction, acting through Berkshire Hathaway HomeServices. Their involvement facilitated the successful sale of the retail property.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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