33 Unit Property for Sale - 12.5% Cap Rate - Elizabeth, NJ

[Hugo Alves]

Seeking a Buyer for 3 Properties containing 33 individual boarding rooms.

All but 8 rooms are occupied but, the management company is working on having those 8 filled as soon as possible.

All 3 properties are located next to each other, all renovated in the past 5 years.

Properties are producing over $200,000 Net Yearly- Roughly 12.5% Cap Rate

Properties are include 20 parking spaces which are currently rented.

Asking Price: 1.6Mil

Old photo shown below, updated photos of exterior and interior available upon request.