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Portfolio For Sale
Newark, NJ
Multifamily Property For Sale
·
46 Units
Investment Highlights
- THE INVESTMENT: Opportunity to acquire a well-maintained, 92-unit, multifamily portfolio of two adjacent buildings located in Newark.
- VALUE-ADD: Current rents are approximately 23% below market.
- IDEAL UNIT MIX: The portfolio is ~70% two and three bedroom units; 1 studio, 27 one-, 46 two-, and 18 three-bedroom units.
- STRATEGIC LOCATION: Fantastic location overlooking Weequahic Park and near the Hillside and Elizabeth borders.
Property Facts
| No. Units | 46 | No. Stories | 6 |
| Property Type | Multifamily | APN / Parcel ID | 14-03679-0000-00012 |
| Apartment Style | Mid-Rise | ||
| Zoning | R-4 - Medium Density Residential District. | ||
| No. Units | 46 |
| Property Type | Multifamily |
| Apartment Style | Mid-Rise |
| No. Stories | 6 |
| APN / Parcel ID | 14-03679-0000-00012 |
| Zoning | R-4 - Medium Density Residential District. |
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