979 Palmer Ave - Apartments FOR SALE


Holmdel, NJ 07733
$26,500,000 USD
917-848-8937
979 Palmer Ave, Holmdel, NJ for Sale
$26,500,000 USD
Apartments - FOR SALE
1/10
null | 6.47% Cap Rate

979 Palmer Ave
Holmdel, NJ 07733


HIGHLIGHTS

  • Top-rated Holmdel public school district
  • 60 minutes to Manhattan by rail
  • Walkable, transit-oriented downtown nearby
  • 15-minute drive to the Jersey Shore beaches
  • Features a golf-simulator lounge
  • Features a private wine room

OVERVIEW

Rising on 6.73 landscaped acres at 979 Palmer Avenue, the Property is a 60-residence luxury apartment building bringing a country-club standard of living to highly desirable Holmdel.

FOR SALE DETAILS

PRICE

$26,500,000 USD

PRICE/SF

$530 USD /SF

# OF UNITS

60

PRICE/UNIT

$441,667

CAP RATE

6.47%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Luxury Apartment Building at Holmdel

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2027

PARKING SPACES

57

LAND DETAILS

LAND ACRES

6.73 AC

LAND SF

293,159 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dominica NeuhausNEUHAUS REALTY, INC.More Info
917-848-8937

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Dominica NeuhausNEUHAUS REALTY, INC.More Info
917-848-8937

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