113 Wales Ave - Apartments FOR SALE


Jersey City, NJ 07306- West Side-Hudson
$2,228,000 USD
201-218-9156
113 Wales Ave, Jersey City, NJ for Sale
$2,228,000 USD
Apartments - FOR SALE
1/4
null | 6.27% Cap Rate

113 Wales Ave
Jersey City, NJ 07306
West Side-Hudson


HIGHLIGHTS

  • New Construction Opportunity- 6 Units, 2 Buildings, 100% Free Market, 6.27% Cap Rate, New Construction (2015)
  • Building Highlights- 4 Garage Parking Spaces + 2 Dedicated Parking Spaces, Large apartments averaging ±1,333 SF, Central HVAC
  • Strong unit mix of 2- and 3-bedroom apartments, In-Unit Washer/Dryer, Stainless Steel Appliances, Granite Countertops, & Oversized Closets
  • Tenant pays for heat, hot water, cooking gas, & electric, Landlord is responsible for water & sewer, Prime Location in Journal Square, Jersey City
  • Convenient Transportation- The building is approximately a 17-minute walk to the Journal Square Station

OVERVIEW

Name Patrick Forde Company Matthews Real Estate Investment Services, Inc Firm & License License # 2330333, 122887 (NJ) Address 300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666 Phone (866) 889-0550

FOR SALE DETAILS

PRICE

$2,228,000 USD

PRICE/SF

$279 USD /SF

# OF UNITS

6

PRICE/UNIT

$371,333

CAP RATE

6.27%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2015

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,780 SF

ZONING

-

APN/PARCEL ID

06-09202-0000-00009

ASK ABOUT THIS PROPERTY

David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

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David FerberMatthews Real Estate Investment ServicesMore Info
201-218-9156

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.