facebook

traded

+ Submit
Home

/

Deals

/

New Jersey

/

Self Storage

/

Loan

/

1530 Kuser Road

Mitchell Feldman, Jordan Feldman, Ryan Briggs & Matthew Beggs Secure $12.27M Construction Loan For Self Storage In Trenton
FINANCEDSelf Storage

Mitchell Feldman, Jordan Feldman, Ryan Briggs & Matthew Beggs Secure $12.27M Construction Loan For Self Storage In Trenton

1530 Kuser Road

$12,270,000

$100/SF

Building Size

122,400 SF

Asset Type

Self Storage

Closing

Aug 19, 2025

AI

The property asset involved in the transaction is located at 1530 Kuser Road in Trenton, featuring a self-storage facility with a total square footage of 122,400. The loan amount provided for this construction project is $12,270,000. The lender for this transaction is New Wave Loans.

Summary of transation details:

  • Property Type: Self Storage
  • Transaction Amount: $12,270,000
  • Location: 1530 Kuser Road
  • Market: Trenton
  • Asset Size: 122,400 SF
  • Lender: New Wave Loans
  • Landlord: Mitchell Feldman, Jordan Feldman, Ryan Briggs, & Matthew Beggs - The Feldman Companies

The key individuals involved in this transaction are Mitchell Feldman, Jordan Feldman, Ryan Briggs, and Matthew Beggs, who are all representatives of The Feldman Companies, acting as the landlords in this deal. Their collaboration supports the advancement of the self-storage facility project outlined in the loan agreement.

Players

Mitchell Feldman

The Feldman Companies

Landlord

$322.1M

vol

19 deals

Landlord
TC
The Feldman CompaniesLandlord

Trenton Self Storage Market Snapshot

Boundary boundary · Self Storage · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.29%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93