Updated Oct 28, 2024
Cronheim Mortgage Facilitates $9M Loan For Retail Property In Quakertown, Pennsylvania
North West End Boulevard, Quakertown, Pennsylvania 18951, United States
$9,000,000
$42/SF
Building Size
210,000 SF
Asset Type
Retail
Closing
Sep 22, 2022
About this deal
AI
The retail property located at N West End Blvd in Quakertown, Pennsylvania has recently been involved in a closed transaction. The property, spanning 210,000 square feet, was sold for a loan amount of $9,000,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $9,000,000
- Address: N West End Blvd
- Market: Quakertown, Pennsylvania
- Asset Type: Retail
- Square Footage: 210,000
The buyer's representatives for this deal were Allison Villamagna & Andrew Stewart from Cronheim Mortgage. They helped facilitate the transaction as brokers for the buyer. The landlord of the property is ADCO Group.
Players
Quakertown Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Deal FAQ
Visit Andrew Stewart to view all their deals.
Browse Pennsylvania retail loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93