2101-2105 Park ave
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2101-2105 Park ave
4 Unit Block of Flats £783,626 (£195,906/Unit) 7.75% Net Initial Yield South Plainfield, NJ 07080
Investment Highlights
- Busy & popular location
- Mixed use residential/retail/office
- Attractive income & cap rate
Executive Summary
Fully occupied investment opportunity on highly visible Park Ave in South Plainfield! Well maintained asset includes 2 separate buildings with office, retail, and residential space too. Private parking in the back. Separate basements in each building. Fully occupied with attractive net income & cap rate! Act fast on this great opportunity!
Property Facts
| Price | £783,626 | Property Subtype | Apartment |
| Price Per Unit | £195,906 | Building Class | C |
| Sale Type | Investment | Building Size | 4,000 SF |
| Net Initial Yield | 7.75% | Average Occupancy | 100% |
| No. Units | 4 | Number of Floors | 4 |
| Property Type | Residential | Year Built | 1915 |
| Price | £783,626 |
| Price Per Unit | £195,906 |
| Sale Type | Investment |
| Net Initial Yield | 7.75% |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 4,000 SF |
| Average Occupancy | 100% |
| Number of Floors | 4 |
| Year Built | 1915 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
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Sahil Aneja -
Ontrack Realty
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2101-2105 Park ave
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