69 Sparta Ave
Newton, NJ 07860 ·
102 Units · Multifamily For Sale
Merriam Gateway Apartments
|No. Units||102||Property Use Type||Investment|
|Building Size||100,000 SF||Cap Rate||6.30%|
|Property Type||Multifamily||Gross Rent Multiplier||8|
|Listing ID: 17926804||Date Created: 11/26/2012||Last Updated: 10/22/2013|
This property was a shoe factory that was converted to loft style apartments. It is four story all brick structure with an elevator. Tenants pay the heat! 101 apartments and 10k sq ft. fitness center.
located on Sparta Ave across from the new World Head Quarters of Thor Labs (500 employees)
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