Updated Oct 28, 2024
G Prime Juniper LLC Acquires Multifamily Property In Philadelphia For $2.15M
2031-2033 South Juniper Street, Philadelphia, Pennsylvania 19148, United States
$2,150,000
Units
9
Asset Type
MultiFamily
Closing
Jan 24, 2022
About this deal
AI
A multifamily property located at 2031-2033 S Juniper Street in Philadelphia, PA has been sold for a total price of $2,150,000. The property consists of 9 units, resulting in a price per unit of $238,889. The transaction took place on January 24, 2022.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,150,000
The buyer of the property is G Prime Juniper LLC, while the seller is Elitza Betta Acquisitions LLC. The deal was facilitated by the brokers Ken Wellar, Corey Lonberger, Mark Duszak, and Alan Krawitz from Rittenhouse Realty Advisors.
On the Map
$2,150,000
MultiFamily
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Players
Philadelphia 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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93