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75 unit luxury rentals -- contract pending 200-202 Schley St 76 Unit Apartment Building For Sale Garfield, NJ 07026



Investment Highlights
- Luxury modern apartments
- Refrigerator, microwave, dishwasher every unit
- Pet Friendly
- washer / dryer every unit
- separate utility meters
- hardwood floors
Executive Summary
NOTE: Accepted Offer... Contacts out.
Full Financials including T-12, and all Due Diligence docs availalble with nda
Full Financials including T-12, and all Due Diligence docs availalble with nda
Property Facts Under Contract
| Sale Type | Investment | Lot Size | 2.48 AC |
| No. Units | 76 | Building Size | 75,395 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2018 |
| Building Class | B | Parking Ratio | 2.85/1,000 SF |
| Zoning | MF | ||
| Sale Type | Investment |
| No. Units | 76 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.48 AC |
| Building Size | 75,395 SF |
| Average Occupancy | 93% |
| No. Stories | 3 |
| Year Built | 2018 |
| Parking Ratio | 2.85/1,000 SF |
| Zoning | MF |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Wi-Fi
- Double Pane Windows
- Intercom
- Linen Closet
- Recreation Room
- Smoke Free
- Large Bedrooms
- Quartz Countertops
Site Amenities
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Gameroom
- Package Service
- Elevator
- Lounge
- Maintenance on site
- Online Services
- Public Transportation
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 440 |
| 1+1 | 21 | - | 674 |
| 2+1 | 54 | - | 860 - 960 |
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 21-00119-03-00052 | Improvements Assessment | $10,325,100 |
| Land Assessment | $3,700,000 | Total Assessment | $14,025,100 |
Property Taxes
Parcel Number
21-00119-03-00052
Land Assessment
$3,700,000
Improvements Assessment
$10,325,100
Total Assessment
$14,025,100
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75 unit luxury rentals -- contract pending | 200-202 Schley St
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