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150-154 Belmont Ave 2 Multifamily Properties Offered at $12,858,915 CAD in Jersey City, NJ


Investment Highlights
- 48 Units
- 9.37% Pro Forma Cap Rate
- Renovated Units
- 44% Upside
- 2 Brick Buildings
- Roof Recently Recoated
Executive Summary
Name
Patrick Forde
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 2330333, 122887 (NJ)
Address
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
Phone
(866) 889-0550
Patrick Forde
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 2330333, 122887 (NJ)
Address
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
Phone
(866) 889-0550
Property Facts
| Price | $12,858,915 CAD | Number of Properties | 2 |
| Price / SF | $321.47 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.06% | Total Building Size | 40,000 SF |
| Sale Type | Investment | Total Land Area | 0.37 AC |
| Status | Active |
| Price | $12,858,915 CAD |
| Price / SF | $321.47 CAD / SF |
| Cap Rate | 6.06% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 40,000 SF |
| Total Land Area | 0.37 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 154 Belmont Ave, Jersey City, NJ 07304 | Multifamily | 20,000 SF | 1925 | - |
| 150 Belmont Ave, Jersey City, NJ 07304 | Multifamily | 20,000 SF | 1925 | - |
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150-154 Belmont Ave
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