Cash Flow Properties in Elizabeth, NJ - 12.5% Cap Rate

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Cash Flow Properties in Elizabeth, NJ - 12.5% Cap Rate

Field Service Manager · Scotch Plains, NJ · Member since 2017 · 90 posts · 31 votes

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

Financials and Pictures Available Upon Request.

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  • Detroit MI · Member since 2015 · 81 posts · 4 votes
    8y

    can you send info, and pictures

  • Field Service Manager · Scotch Plains, NJ · Member since 2017 · 90 posts · 31 votes
    8y

    Sold

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