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203 Jonesville Boulevard

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

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

Samuel Finkler

Besen Partners

Broker

$151.1M

vol

33 deals

Broker

Anupam Gupta

Buyer

$7.9M

vol

3 deals

Buyer

Jonesville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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