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Englewood, NJ: Linden Place Luxury Townhomes 25 E Linden Ave 5 Unit Apartment Building $7,468,172 CAD ($1,493,634 CAD/Unit) 5.43% Cap Rate Englewood, NJ 07631



INVESTMENT HIGHLIGHTS
- Linden Place Luxury Townhomes are located at 25-33 East Linden Ave, Englewood
- Walking distance to Englewood downtown and close to Houses of Worship:
- Leased Units: All five units are currently leased, which presents a unique opportunity for investors seeking immediate rental income.
EXECUTIVE SUMMARY
Linden Place Luxury Townhomes are located at 25-33 East Linden Ave, Englewood. This prime location offers convenient access to various amenities and attractions.
- Property Type: These townhomes consist of five fully leased units, each featuring four bedrooms and 3.5 bathrooms. The spacious layout provides ample room for comfortable living.
- Desirable Features: The townhomes offer a range of desirable features, including modern architecture, high-quality construction, and luxurious finishes. The units are designed to provide a sophisticated and upscale living experience.
- Leased Units: All five units are currently leased, which presents a unique opportunity for investors seeking immediate rental income. The property's strong occupancy rate demonstrates its popularity among tenants.
- Walking Distance to Downtown: One of the standout features of these townhomes is their proximity to downtown Englewood. Residents can easily access various shops, restaurants, entertainment venues, and other amenities, all within a short walking distance.
- Close to Houses of Worship: For those seeking a home within close proximity to places of worship, Linden Place Luxury Townhomes are an ideal choice. Several houses of worship are conveniently located nearby, allowing residents to fulfill their spiritual needs.
- Upscale Neighborhood: Englewood is known for its upscale neighborhoods, and Linden Place is no exception. The townhomes are situated in a sought-after area, surrounded by well-maintained properties and a sense of community.
- Commuter-Friendly: The location of these townhomes offers easy access to major transportation routes, making commuting to nearby cities or towns convenient. Residents can enjoy the benefits of a suburban lifestyle while staying connected to urban centers.
- Investment Opportunity: Linden Place Luxury Townhomes present a compelling investment opportunity due to their fully leased status. The potential for stable rental income, combined with the property's desirable location, makes it an attractive option for investors.
- These sales notes provide an overview of the key features and benefits of Linden Place Luxury Townhomes. Prospective buyers and investors will appreciate the combination of upscale living, convenient location, and immediate rental income potential offered by this property.
- Property Type: These townhomes consist of five fully leased units, each featuring four bedrooms and 3.5 bathrooms. The spacious layout provides ample room for comfortable living.
- Desirable Features: The townhomes offer a range of desirable features, including modern architecture, high-quality construction, and luxurious finishes. The units are designed to provide a sophisticated and upscale living experience.
- Leased Units: All five units are currently leased, which presents a unique opportunity for investors seeking immediate rental income. The property's strong occupancy rate demonstrates its popularity among tenants.
- Walking Distance to Downtown: One of the standout features of these townhomes is their proximity to downtown Englewood. Residents can easily access various shops, restaurants, entertainment venues, and other amenities, all within a short walking distance.
- Close to Houses of Worship: For those seeking a home within close proximity to places of worship, Linden Place Luxury Townhomes are an ideal choice. Several houses of worship are conveniently located nearby, allowing residents to fulfill their spiritual needs.
- Upscale Neighborhood: Englewood is known for its upscale neighborhoods, and Linden Place is no exception. The townhomes are situated in a sought-after area, surrounded by well-maintained properties and a sense of community.
- Commuter-Friendly: The location of these townhomes offers easy access to major transportation routes, making commuting to nearby cities or towns convenient. Residents can enjoy the benefits of a suburban lifestyle while staying connected to urban centers.
- Investment Opportunity: Linden Place Luxury Townhomes present a compelling investment opportunity due to their fully leased status. The potential for stable rental income, combined with the property's desirable location, makes it an attractive option for investors.
- These sales notes provide an overview of the key features and benefits of Linden Place Luxury Townhomes. Prospective buyers and investors will appreciate the combination of upscale living, convenient location, and immediate rental income potential offered by this property.
PROPERTY FACTS
| Price | $7,468,172 CAD | Apartment Style | Townhome |
| Price Per Unit | $1,493,634 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 22,650 SF |
| Cap Rate | 5.43% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2005 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R1 - residential rental units | ||
| Price | $7,468,172 CAD |
| Price Per Unit | $1,493,634 CAD |
| Sale Type | Investment |
| Cap Rate | 5.43% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Building Size | 22,650 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2005 |
| Opportunity Zone |
Yes |
| Zoning | R1 - residential rental units |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer
- Eat-in Kitchen
- Kitchen
- Basement
- Deck
- Den
- Dining Room
- Family Room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+3.5 | 5 | $8,571 CAD | 1,912 |
1 1
Walk Score®
Very Walkable (85)
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Englewood, NJ: Linden Place Luxury Townhomes | 25 E Linden Ave
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