Property profile

0 123456 Harrison, NJ 07029

OFF-MARKET
Apartment buildings
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Property summary

AI-generated overview

This exceptional multifamily investment opportunity comprises a portfolio of 21 units spread across six buildings strategically located in Harrison, Belleville, Bloomfield, and Elizabeth, New Jersey. The portfolio presents a compelling investment proposition with a current cap rate of 6%, offering immediate cash flow. The buildings are situated in a desirable area of Hudson County and surrounding areas, providing convenient access to major transportation routes and amenities. The portfolio's strong occupancy rates and stable rental income stream contribute to its attractive financial profile. This is an ideal acquisition for investors seeking a diversified multifamily portfolio with significant potential for value appreciation and increased income. The property is well-maintained and presents an opportunity for further income enhancement through various value-add strategies. Detailed financial statements and property-specific information are available upon request. The portfolio's location in thriving New Jersey communities ensures strong tenant demand and long-term stability. This is a rare opportunity to acquire a well-positioned, income-producing multifamily portfolio in a high-growth market. The portfolio's size and diversification offer both immediate returns and long-term growth potential. The 6% cap rate provides a solid foundation for future investment strategies. This is a turnkey investment ready for immediate ownership and management. The property is located at various addresses in the specified New Jersey towns and the zip code 07029 is associated with at least one of the properties. Further details regarding individual building specifications and financial performance are available upon request.

Property profile

Verified
Property type Apartment buildings

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

123456 Harrison, NJ 07029
Harrison metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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