let me know what some may think..... INVESTMENT

[Anthony Dre]

Hi all,

im new to this but im looking into this property and want to see what you guys think as an investment......would this be a good deal?

Aking Price : $2.3 million

Property TypeMultifamily

SubtypeApartment Building

Net Rentable (sq ft)13,400

Cap Rate6.11%

Pro-Forma Cap Rate 6.70%

NOI $140,615

Units17

Year Built1928

13 1Bed/1Bath And 4 2Bed/1Bath Units

in New Jersey

appreciate you thoughts

thanks