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133 Route 22

Pawling Self Storage LLC Acquires Self Storage Facility In Pawling For $4,715,000
SOLDSelf Storage

Pawling Self Storage LLC Acquires Self Storage Facility In Pawling For $4,715,000

133 Route 22

$4,715,000

$152/SF

Building Size

31,000 SF

Asset Type

Self Storage

Closing

Dec 17, 2021

AI

The property involved in this transaction is a self-storage asset located at 133 Route 22 in Pawling. The asset has a total square footage of 31,000 and was sold for a transaction amount of $4,715,000.00.

Summary of transaction details:

In this closed transaction, Pawling Self Storage LLC acquired the self-storage facility from Armagh Storage Group LLC, facilitated by brokers Raphael David Jajati representing Capital Property Partners and Amir Tal.

Players

Raphael David Jajati

Capital Property Partners

Broker

$263M

vol

10 deals

Broker
PL
Pawling Self Storage LLCBuyer
AL
Armagh Storage Group LLCSeller

Pawling Self Storage Market Snapshot

Boundary boundary · Self Storage · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.36%

Cash-on-Cash

-0.96%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93