Marcus & Millichap Brokers $7.3 Million Sale Of Apple Montessori School In Washington Township
95 Linwood Avenue East
$7,300,000
$730/SF
Building Size
10,000 SF
Asset Type
School
Closing
Dec 16, 2025
AI
The property involved in the transaction is a newly built Apple Montessori School located at 95 Linwood Avenue in Washington Township. The school spans 10,000 square feet and was sold for $7,300,000, equating to a price per square foot of $730. Notable features of the facility include an outdoor pool, 5,000 square feet of playground space, and a covered drop-off area.
Summary of transaction details:
- Property Type: School
- Transaction Amount: $7,300,000
- Square Footage: 10,000
- Price Per Square Foot: $730
- Address: 95 Linwood Avenue
- Market: Washington Township
The transaction was facilitated by brokers Alan Cafiero, David Cafiero, and John Moroz from Marcus & Millichap, who represented both the seller and buyer in this deal.
Players
Township of Washington School Market Snapshot
Boundary boundary · School · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93