Log In/Sign Up
Your email has been sent.
21 Jay St - 1-21 Jay St. 10 Unit Apartment Building Offered at $2,497,320 CAD at a 2.50% Cap Rate Lakewood, NJ 08701
EXECUTIVE SUMMARY
1-21 Jay St is a 10 unit development deeded as affordable housing for low to medium income tenants. There are five 2 bedroom / 1.5 bath units and five 3 bedroom / 2.5 units.
Potential buyers must be approved by the DCA based on experience owning and managing affordable housing units as well as a background check for real estate related judgements.
9 units occupied paying from $550-1275 per month, most have not had regular annual increases since moving in. One vacant unit. Current cap rate is approximately 2.5%
Potential buyers must be approved by the DCA based on experience owning and managing affordable housing units as well as a background check for real estate related judgements.
9 units occupied paying from $550-1275 per month, most have not had regular annual increases since moving in. One vacant unit. Current cap rate is approximately 2.5%
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 5 | - | - |
| 3+2.5 | 5 | - | - |
1 1
1 of 13
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
21 Jay St - 1-21 Jay St.
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.