Anupam Gupta Acquires Multifamily Property In Jonesville, NC For $2.81M
203 South Jonesville Boulevard, Jonesville, North Carolina 28642, United States
$2,810,000
$81/SF
Building Size
34,436 SF
Asset Type
MultiFamily
Closing
Sep 29, 2022
AI
An apartment complex located at 203 S Jonesville Blvd in Jonesville, NC has been sold for a total price of $2,810,000. The multifamily property spans a total of 34,436 square feet, resulting in a price per square foot of $82.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,810,000
- Property Address: 203 S Jonesville Blvd, Jonesville, NC
- Market: Jonesville, NC
TrueRate Investments Sales, represented by Samuel Finkler, Audley Clarke, and Andrew Hyans, served as the brokers in this transaction. Anupam Gupta was the buyer of the property.
Players
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