Swedesboro, NJ
This deal is oversubscribed
Join Wait-List"The Industrial project, located at 52 Locke Avenue Swedesboro NJ, consists of 207,500 square feet on 12.4 acres. The business plan is to buy the asset, reposition it (new paint, new landscaping, repaving exterior premises, new lights, and new offices), lease, and sell it."
-Douglas O'Donnell, The O'Donnell Group
Address | 52 Locke Ave |
Square Footage | 207,500 sq. ft. |
Year Built | 1950 |
Year Renovated | 2020-2021 |
Current Occupancy | See Note* |
Market Occupancy | 95.2% |
Current Average Rents | $5.15/Sq. Ft. |
Average Market Rents | $5.50/Sq. Ft. |
Purchase Price | $11,650,000 |
Price/Sq. Ft. | $56.14/Sq. Ft. |
Stabilized Loan to Value | 52.22% |
*"At closing, the property will be leased back by the seller until February of 2021. The seller is the tenant and they are relocating to another building that they are purchasing." |
All answers are provided by the sponsor, The O'Donnell Group, or its representatives.
Why are you buying this property?
Douglas O'Donnell, The O'Donnell Group: "The property is strategically located in the north east corridor between Philadelphia and Baltimore. It has excellent access to the I-295 and NJ turnpike. It has high ceilings clearance heights ranging from 25 feet- 30 feet and an abundant amount of loading doors. The building is very functional and due to the low coverage it affords ample out door trailer storage, staging, and car parking- which are required by todays e-commerce tenants. The building is also rail served."
What are the most important aspects of this investment opportunity for the investors?
Douglas O'Donnell, The O'Donnell Group: "The O'Donnell Group plans to modernize the existing building, which is very functional as is, with capital improvements. They are going to fix up the property and then lease and sell it to an investor or user. The building has a brand new roof."
How has COVID-19 impacted your business plan?
Douglas O'Donnell, The O'Donnell Group: "Covid has positively impacted industrial real estate as more and more people buy their goods online instead of retail and grocery stores."
What are the risks and how are you mitigating those risks?
Douglas O'Donnell, The O'Donnell Group:
NOTE: All answers provided by the sponsor, The O'Donnell Group, or its representatives.
"The Industrial project, located at 52 Locke Avenue Swedesboro NJ, consists of 207,500 square feet on 12.4 acres. The business plan is to buy the asset, reposition it (new paint, new landscaping, repaving exterior premises, new lights, and new offices), lease, and sell it."
-Douglas O'Donnell, The O'Donnell Group
Address | 52 Locke Ave |
Square Footage | 207,500 sq. ft. |
Year Built | 1950 |
Year Renovated | 2020-2021 |
Current Occupancy | See Note* |
Market Occupancy | 95.2% |
Current Average Rents | $5.15/Sq. Ft. |
Average Market Rents | $5.50/Sq. Ft. |
Purchase Price | $11,650,000 |
Price/Sq. Ft. | $56.14/Sq. Ft. |
Stabilized Loan to Value | 52.22% |
*"At closing, the property will be leased back by the seller until February of 2021. The seller is the tenant and they are relocating to another building that they are purchasing." |
All answers are provided by the sponsor, The O'Donnell Group, or its representatives.
Why are you buying this property?
Douglas O'Donnell, The O'Donnell Group: "The property is strategically located in the north east corridor between Philadelphia and Baltimore. It has excellent access to the I-295 and NJ turnpike. It has high ceilings clearance heights ranging from 25 feet- 30 feet and an abundant amount of loading doors. The building is very functional and due to the low coverage it affords ample out door trailer storage, staging, and car parking- which are required by todays e-commerce tenants. The building is also rail served."
What are the most important aspects of this investment opportunity for the investors?
Douglas O'Donnell, The O'Donnell Group: "The O'Donnell Group plans to modernize the existing building, which is very functional as is, with capital improvements. They are going to fix up the property and then lease and sell it to an investor or user. The building has a brand new roof."
How has COVID-19 impacted your business plan?
Douglas O'Donnell, The O'Donnell Group: "Covid has positively impacted industrial real estate as more and more people buy their goods online instead of retail and grocery stores."
What are the risks and how are you mitigating those risks?
Douglas O'Donnell, The O'Donnell Group:
NOTE: All answers provided by the sponsor, The O'Donnell Group, or its representatives.
Newport Beach, CA
Available to Registered Users
Available to Accredited Investors:
Douglas O'Donnell, The O'Donnell Group: "The property is strategically located in the north east corridor between Philadelphia and Baltimore. It has excellent access to the I-295 and NJ turnpike."
Below are some of the most frequently asked questions about this offering.
RealCrowd is free for investors. RealCrowd charges a technology access fee to the operating partner for our services. We do not charge investors any upfront fees, ongoing asset management fees or promote/carried interest in the investments.
RealCrowd offerings are open to accredited investors. RealCrowd does not recommend or advise on any offering on our platform. While we have minimum history and experience threshold for sponsors who post on our platform, if you are unable to perform your own due diligence, please consult with an attorney or financial advisor prior to making an investment.
RealCrowd is a marketplace that connects investors with qualified sponsors. We strive for transparency and impartiality. For this reason, we do not participate in any offerings on our site.
Send The O'Donnell Group and/or RealCrowd a message. If you have a question about this offering ask The O'Donnell Group. If you have a question about the transaction process or other general inquiry, RealCrowd will be happy to help.
In the meantime, you can create an account to view detailed information about Last Mile E-Commerce Industrial Center – Swedesboro, NJ.
In the meantime, please review the offering documents and financials.