Anupam Gupta Acquires Multifamily Property In Jonesville, NC For $2.81M
203 Jonesville Boulevard
$2,810,000
$81/SF
Building Size
34,436 SF
Asset Type
MultiFamily
Closing
Sep 30, 2022
AI
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
Jonesville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.65%
Cash-on-Cash
-1.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93