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100% Occupied Brick Apartment Building For Sale in Newark


Property Description

100% Occupied Cash-Flowing Apartment Building for Sale – Weequahic Section of Newark, New Jersey

- This Beautiful Brick Building Has Been Very Well Maintained
- Occupancy is 100% full
- 1 and 2 Bedroom Apartments
- The Building Has a Current Green Card
- Current Gross Rents of $ 224,307.00
- Rents Are Beneath Market and Could be Increased By New Owner
- Seller Will Carry Back a 10% 2nd Lien For a Qualified Buyer
- Asking is Negotiable Depending on The Structure of The Deal
- Call for Details and Showings

This is a fantastic deal for Essex County Investors that look to hold Cash-Flowing properties for the long term appreciation. The building is located in a quiet section of Newark NJ and the flexibility we are offering by granting a 10% seller held second lien (if they buyer needs/wants it) sweetens this opportunity even more.


Contact Information

Contact person: Blue Ivy Estates
Seller Type: AgentorBroker
Phone: 1-888-313-2583
Email:
Web Link:


Listing Information

Listing Status: For Sale
Property Type: Office Buildings
Price($): Call
Street Address:
City: Newark
Region: New Jersey
ZIP/Postal Code:
Bedrooms:
Bathrooms:
Stories:
Square Feet:
Lot Size:
Year Built:
Owner Finance: No
Cap Rate:
Net Operating Income:
Price Per Square Foot:



Additional Feature:




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All information provided by the listing agent/broker or by the seller is deemed reliable, but is not guaranteed and should always be independently verified.


 

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