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10 Unit Mixed Use Property with Upside 238-240 Spring St 10 Unité Immeuble d’appartements 3 426 350 $ CAD (342 635 $ CAD/Unité) 6,73% Taux de capitalisation Newton, NJ 07860
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- New Roof
- Newly Painted
- Fire Monitor and Remote Security System in Place
- Solid Retail Tenants with New Leases
- Upside in Apartment Rents
Résumé de l'annonce
5 Apartments (Four 2 BR/1BA and One 3 BR/1BA)
5 Retail Units with 4 Tenants (One Tenant rents a double space)
The apartments are mostly large 2 Bedroom units as well as a recently updated 3 BR unit. Recent roof replacement
as well as exterior painting. Some of the 2 BR apartments could be updated and rents increased. Large Parking Lot.
The three current retail tenants all have new two and three year leases, there is one recently vacated retail
space that would provide immediate rent upside for a new owner.
Commercial Tenants pay for all of their own utilities. Landlord pays water/sewer for residential tenants
the rest of the utilities/heat are paid by tenants. Public water and sewer.
Newton is the county seat of Sussex County and home to Newton Memorial Hospital, Thor Labs,
Sussex County Community College and a number of big box retail stores ensuring a steady stream of potential renters.
There is no rent control in Newton.
Please contract Marc for Income and Expenses.
5 Retail Units with 4 Tenants (One Tenant rents a double space)
The apartments are mostly large 2 Bedroom units as well as a recently updated 3 BR unit. Recent roof replacement
as well as exterior painting. Some of the 2 BR apartments could be updated and rents increased. Large Parking Lot.
The three current retail tenants all have new two and three year leases, there is one recently vacated retail
space that would provide immediate rent upside for a new owner.
Commercial Tenants pay for all of their own utilities. Landlord pays water/sewer for residential tenants
the rest of the utilities/heat are paid by tenants. Public water and sewer.
Newton is the county seat of Sussex County and home to Newton Memorial Hospital, Thor Labs,
Sussex County Community College and a number of big box retail stores ensuring a steady stream of potential renters.
There is no rent control in Newton.
Please contract Marc for Income and Expenses.
Faits sur la propriété
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 10+5 | 10 | - | - |
1 1
Moyennement practicable à pied
70/100
Moyennement facile d'accès en voiture
70/100
Plutôt praticable en vélo
40/100
Impôts fonciers
| Numéro de lot | 15-00014-06-00005 | Évaluation des bâtiments | 171 318 $ CAD |
| Évaluation du terrain | 157 612 $ CAD | Évaluation totale | 328 930 $ CAD |
Impôts fonciers
Numéro de lot
15-00014-06-00005
Évaluation du terrain
157 612 $ CAD
Évaluation des bâtiments
171 318 $ CAD
Évaluation totale
328 930 $ CAD
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10 Unit Mixed Use Property with Upside | 238-240 Spring St
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