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Anupam Gupta Acquires Multifamily Property In Jonesville, NC For $2.81M

Property Image
SOLD
$2,810,000
Audley Clarke
Andrew (AJ) Hyans
Samuel (Sam) Finkler
+ 1

North Carolina

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MultiFamily34,436 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Anupam Gupta Acquires Multifamily Property In Jonesville, NC For $2.81M

203 Jonesville Boulevard

See Similar Deals
MultiFamily34,436 SF
Sold
Audley Clarke
Andrew (AJ) Hyans
Samuel (Sam) Finkler
+ 1
the dealplayerscompscontact
Contact now

Summary

NORTH CAROLINA
Asset Type:MultiFamily
Price Per Square Foot:$81
Total Square Footage:34,436 SF
Transaction Type:Sale

A multifamily property located at 203 S Jonesville Blvd in Jonesville, NC has been sold for a price of $2,810,000. The property spans a total area of 34,436 square feet, resulting in a price per square foot of $82.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,810,000
  • Address: 203 S Jonesville Blvd
  • Market: Jonesville, NC

The buyer of the property is Anupam Gupta. The transaction was facilitated by Samuel Finkler, Audley Clarke, and Andrew Hyans from TrueRate Investments Sales.

Players

Samuel (Sam) Finkler
Besen Partners
Samuel Finkler
33 deals$151.1M volume(973) 870-2916
BROKER
Audley Clarke
TrueRate Services
Audley Clarke
8 deals$64.9M volume
BROKER
Andrew (AJ) Hyans
TrueRate Services
Andrew Hyans
9 deals$67.3M volume
BROKER
AG
Anupam Gupta
3 deals$7.9M volume
BUYER

Details

SOLD
IMAGE: Samuel Finkler, Audley Clarke & Andrew Hyans DATE: 09/30/2022 ADDRESS: 203 S Jonesville Blvd MARKET: Jonesville, NC ASSET TYPE: Multifamily BUYER: Anupam Gupta BROKERS: Samuel Finkler (@Sam_Finkler), Audley Clarke (@TheAudleyClarke) & Andrew Hyans (@AJHyans) - TrueRate Investments Sales SALE PRICE: $2,810,000 SF: 34,436 ~ PPSF: $82

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,983.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,320.83
Annual Debt Service$159,850.00