862-309-5617
448 Lincoln Ave, Orange, NJ for Sale
Apartments - FOR SALE
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null | Request Cap Rate

448 Lincoln Ave
Orange, NJ 07050


HIGHLIGHTS

  • Lincoln Manor Apartment Homes is a rare-to market, 68-unit, garden-style, value-add investment property located in Orange, NJ
  • The community has an ideal mix of 9 studios, 38 one-bedrooms, and 21 two-bedrooms
  • Current rents are 22% below the Fair Market HUD Guidelines in a municipality where vacancy decontrol is tied to these limits
  • Lincoln Manor is well-maintained, has ample off-street parking spaces, and on-site laundry facilities
  • Lincoln Manor has been managed professionally by the same owner for more than a decade

OVERVIEW

448 and 458 Lincoln Avenue

FOR SALE DETAILS

PRICE

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# OF UNITS

68

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Layna Investment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1968

PARKING SPACES

74

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

-

APN/PARCEL ID

17-05202-0000-00003

ASK ABOUT THIS PROPERTY

Tim BlashfordBerkadiaMore Info
862-309-5617

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Tim BlashfordBerkadiaMore Info
862-309-5617

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