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201 4th St 7 Unit Apartment Building $2,499,999 ($357,143/Unit) 7% Cap Rate Lakewood, NJ 08701
INVESTMENT HIGHLIGHTS
- Prime investment opportunity in Lakewood, NJ
- Property includes 3 stores and 4 apartments
EXECUTIVE SUMMARY
This property is connected to 203 Fourth Street and is being sold as a package.It consists of 3 stores and 4 apartments.
PROPERTY FACTS
| Price | $2,499,999 | Building Class | C |
| Price Per Unit | $357,143 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 2,790 SF |
| Cap Rate | 7% | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | ||
| Zoning | B2 - Neighborhood Business District | ||
| Price | $2,499,999 |
| Price Per Unit | $357,143 |
| Sale Type | Investment |
| Cap Rate | 7% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,790 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | B2 - Neighborhood Business District |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | - | - |
1 1
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 15-00118-0000-00031 | Improvements Assessment | $310,000 |
| Land Assessment | $60,000 | Total Assessment | $370,000 |
PROPERTY TAXES
Parcel Number
15-00118-0000-00031
Land Assessment
$60,000
Improvements Assessment
$310,000
Total Assessment
$370,000
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201 4th St
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