45 Quentin Ave - Apartments FOR SALE


New Brunswick, NJ 08901- Turnpike West
$3,300,000 USD
908-692-7633
45 Quentin Ave, New Brunswick, NJ for Sale
$3,300,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

45 Quentin Ave
New Brunswick, NJ 08901
Turnpike West


HIGHLIGHTS

  • Prime location near Rutgers; close proximity to NJ Transit
  • Value-add opportunity
  • Strong rental market
  • Efficient layouts
  • Surface parking on-site

OVERVIEW

45 Quentin Ave offers investors a rare, value-add multifamily opportunity in the heart of New Brunswick. This 20 unit property with 7 studios and 13 one bedroom apartments is currently under-rented relative to local comps. Its proximity to Rutgers University, medical centers and transit corridors supports strong demand. With modest capex (unit refresh, upgraded finishes, or operational improvements), annual rental income can be significantly increased, driving strong net operating income growth in a market where multifamily remains highly desirable.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$236 USD /SF

# OF UNITS

20

PRICE/UNIT

$165,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R5

APN/PARCEL ID

13-00509-0000-00009-01

ASK ABOUT THIS PROPERTY

Daniel LanniKislakMore Info
908-692-7633

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Daniel LanniKislakMore Info
908-692-7633

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