HavePropertiesCommercialMultiFamily - Small ApartmentClassifieds8yFollowCash Flow Properties in Elizabeth, NJ - 12.5% Cap RateHugo AlvesField Service Manager · Scotch Plains, NJ · Member since 2017 · 90 posts · 31 votesSeeking 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 RateProperties are include 20 parking spaces which are currently rented.Asking Price: 1.6MilFinancials and Pictures Available Upon Request.0Reply5 views