FINANCEDSelf Storage
Two50 Capital Group Secures $12 Million Loan To Convert Vacant Office To Self Storage In New Jersey
$12,000,000
$118/SF
Building Size
101,302 SF
Asset Type
Self Storage
Closing
May 14, 2026
AI
No summary available.
Players
Mc Donald Self Storage Market Snapshot
Boundary boundary · Self Storage · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93