Updated Dec 21, 2023
Bernie Gutherz Of Century 21 Sells Retail Property In Howell Township For $2.4M
6200 US Route 9, Howell, New Jersey 07731, United States
$2,400,000
$240/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Jun 29, 2022
About this deal
AI
An retail property located at 6200 US-9 in Howell Township has recently been sold for a price of $2,400,000. The property spans over 10,000 square feet, resulting in a price per square foot of $240. The transaction took place on June 30, 2022. The asset is situated in a retail market.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,400,000
- Address: 6200 US-9, Howell Township
- Square Footage: 10,000
- Price per Square Foot: $240
- Market: Howell Township
The sale was facilitated by Bernie Gutherz from Century 21, who represented the involved parties in the deal. The presence of Bernie Gutherz ensured a smooth transaction for the retail property.
Players
Howell 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93