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21 Jay St - 1-21 Jay St. 10 Unit Apartment Building Offered at $1,800,000 Lakewood, NJ 08701
EXECUTIVE SUMMARY
1-21 Jay St is a 10 unit development deeded as affordable housing for low to medium income tenants. There are five 2 bedroom / 1.5 bath units and five 3 bedroom / 2.5 units.
Potential buyers must be approved by the DCA based on experience owning and managing affordable housing units as well as a background check for real estate related judgements.
Potential buyers must be approved by the DCA based on experience owning and managing affordable housing units as well as a background check for real estate related judgements.
PROPERTY FACTS
| Price | $1,800,000 | Building Size | 45,000 SF |
| Price Per Unit | $180,000 | Average Occupancy | 90% |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 10 | Year Built | 2006 |
| Property Type | Opportunity Zone |
Yes
|
| Price | $1,800,000 |
| Price Per Unit | $180,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | |
| Building Size | 45,000 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 2006 |
| Opportunity Zone |
Yes |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 5 | - | - |
| 3+2.5 | 5 | - | - |
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21 Jay St - 1-21 Jay St.
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