Global Real Estate Advisors (GREA) Sells Multifamily Property In Emmaus For $2M
SOLD
$2,000,000
Pennsylvania
See Similar DealsMultiFamily13 SF
Sold 01/24/2023
SOLD
Global Real Estate Advisors (GREA) Sells Multifamily Property In Emmaus For $2M
361 Broad Street
See Similar DealsMultiFamily13 SF
Sold 01/24/2023
Summary
PENNSYLVANIA
Asset Type:MultiFamily
Price Per Square Foot:$153,846
Total Square Footage:13 SF
Transaction Type:Sale
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
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24
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