Global Real Estate Advisors (GREA) Sells Multifamily Property In Emmaus For $2M
361 Broad Street
$2,000,000
$153,846/SF
Building Size
13 SF
Asset Type
MultiFamily
Closing
Jan 24, 2023
AI
The multifamily property located at 361 Broad Street in Emmaus has been sold for a total price of $2,000,000. The property spans a total area of 13 square feet, resulting in a price per square foot of $153,846.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $2,000,000
- Address: 361 Broad Street
- Market: Emmaus
- Seller's Representative: Daniel Yadgaroff & Luke DeLuca - Global Real Estate Advisors (GREA)
In this transaction, Daniel Yadgaroff & Luke DeLuca from Global Real Estate Advisors (GREA) represented the seller. They played a crucial role in facilitating the successful sale of the multifamily property.
Players
Market 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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93