Log In/Sign Up
Your email has been sent.
113 Wales Ave 6 Unit Apartment Building $2,228,000 ($371,333/Unit) 6.27% Cap Rate Jersey City, NJ 07306
Investment Highlights
- New Construction Opportunity- 6 Units, 2 Buildings, 100% Free Market, 6.27% Cap Rate, New Construction (2015)
- Strong unit mix of 2- and 3-bedroom apartments, In-Unit Washer/Dryer, Stainless Steel Appliances, Granite Countertops, & Oversized Closets
- Convenient Transportation- The building is approximately a 17-minute walk to the Journal Square Station
- Building Highlights- 4 Garage Parking Spaces + 2 Dedicated Parking Spaces, Large apartments averaging ±1,333 SF, Central HVAC
- Tenant pays for heat, hot water, cooking gas, & electric, Landlord is responsible for water & sewer, Prime Location in Journal Square, Jersey City
Executive Summary
Name
Patrick Forde
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 2330333, 122887 (NJ)
Address
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
Phone
(866) 889-0550
Patrick Forde
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 2330333, 122887 (NJ)
Address
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
Phone
(866) 889-0550
Property Facts
| Price | $2,228,000 | Building Class | B |
| Price Per Unit | $371,333 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 8,000 SF |
| Cap Rate | 6.27% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2015 |
| Property Subtype | Apartment | Parking Ratio | 0.5/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $2,228,000 |
| Price Per Unit | $371,333 |
| Sale Type | Investment |
| Cap Rate | 6.27% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 8,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2015 |
| Parking Ratio | 0.5/1,000 SF |
1 1
Fairly walkable
50/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 06-09202-0000-00008 | Improvements Assessment | $594,300 |
| Land Assessment | $200,000 | Total Assessment | $794,300 |
Property Taxes
Parcel Number
06-09202-0000-00008
Land Assessment
$200,000
Improvements Assessment
$594,300
Total Assessment
$794,300
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
113 Wales Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.