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Musical String House - Investment for Sale 120 Georges Rd 24 Unit Apartment Building $13,331,036 CAD ($555,460 CAD/Unit) 6.50% Cap Rate New Brunswick, NJ 08901

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EXECUTIVE SUMMARY

Legacy Commercial is pleased to present 120 Georges Rd., a mixed-use investment opportunity located in the vibrant downtown corridor of New Brunswick, NJ. The property features a blend of modern residential and commercial space, including a collection of 1-, 2-, and 3-bedroom apartments situated above six ground-floor retail units.
Positioned in one of Central Jersey’s most sought-after submarkets, the asset benefits from immediate access to Rutgers University, Robert Wood Johnson University Hospital, Saint Peter’s University Hospital, and the New Brunswick Train Station—providing direct connectivity to Manhattan in under an hour. The residential units offer spacious layouts and updated finishes, appealing to a wide tenant base of students, professionals, and families. The retail component offers long-term income stability, with excellent visibility and walkability along a high-traffic commercial corridor.
Please inquire further for additional information.

120 Georges Road_OM(no financials

PROPERTY FACTS

Price	$13,331,036 CAD	Building Class	A
Price Per Unit	$555,460 CAD	Lot Size	0.55 AC
Sale Type	Investment	Building Size	35,763 SF
Cap Rate	6.50%	Average Occupancy	100%
No. Units	24	No. Stories	4
Property Type	Multifamily	Year Built/Renovated	1996/2017
Property Subtype	Apartment General Retail Storefront Retail/Residential	Parking Ratio	1.71/1,000 SF
Apartment Style	Mid-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I-1 - Light Industrial

Price	$13,331,036 CAD
Price Per Unit	$555,460 CAD
Sale Type	Investment
Cap Rate	6.50%
No. Units	24
Property Type	Multifamily
Property Subtype	Apartment General Retail Storefront Retail/Residential
Apartment Style	Mid-Rise
Building Class	A
Lot Size	0.55 AC
Building Size	35,763 SF
Average Occupancy	100%
No. Stories	4
Year Built/Renovated	1996/2017
Parking Ratio	1.71/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I-1 - Light Industrial