Updated Dec 19, 2023
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
About this deal
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.
On the Map
$2,810,000
$81/SF
MultiFamily
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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