45 Beers St - Apartments FOR SALE
Keyport, NJ 07735 |
$8,750,000 USD
908-675-5703
45 Beers St
Keyport, NJ 07735
HIGHLIGHTS
- New construction (2017) asset offering institutional-quality construction and low-maintenance ownership.
- Proven mark-to-market opportunity with significant rental growth potential in NO RENT CONTROL market
- Oversized one- and two-bedroom layouts commanding premium rents
- Tenants pay utilities, creating a favorable and predictable expense structure
- Modern finishes including updated kitchens, stainless appliances, and in-unit laundry enhancing tenant retention
- Other amenities include garage and surface parking and units with balconies or decks
FOR SALE DETAILS
PRICE
$8,750,000 USD
PRICE/SF
$350 USD /SF
# OF UNITS
24
PRICE/UNIT
$364,583
CAP RATE
Request Cap Rate
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Key Grove Farms
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2017
PARKING SPACES
52
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,230 SF
ZONING
RC
APN/PARCEL ID
24-00039-0000-00012-01
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908-675-5703
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908-675-5703
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