Passaic Portfolio Multi-Family FOR SALE


Passaic, NJ
$7,350,000 USD
973-879-1577
, Passaic, NJ for Sale
$7,350,000 USD
Multi-Family - FOR SALE
1/3
null | 6.16% Cap Rate

Passaic Portfolio
Passaic, NJ


HIGHLIGHTS

  • 29 fully renovated units
  • Tenants pay for their own heat usage
  • There is on site parking for 16 cars
  • Fully occupied properties
  • Potential redevelopment opportunity
  • Centrally located next to Route 21 entrance ramp

OVERVIEW

The portfolio consists of 39 residential units, 1 store, and a large double-sided billboard in Passaic NJ. The tenants pay for their own heat and electric usage and there is on-site parking for 16 cars. 29 units have been fully renovated. The buildings have large upside due to below market rents.

ASK ABOUT THIS PROPERTY

Robert SquiresThe Kislak Company, Inc.More Info
973-879-1577

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

Robert SquiresThe Kislak Company, Inc.More Info
973-879-1577

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