9-11 Clark St - Apartments FOR SALE


Newark, NJ 07104
$5,600,000 USD
908-289-7746
9-11 Clark St, Newark, NJ for Sale
$5,600,000 USD
Apartments - FOR SALE
1/23
null | 6.05% Cap Rate

9-11 Clark St
Newark, NJ 07104


HIGHLIGHTS

  • Near broad st train station & Newark light rail

OVERVIEW

16 apartment building build 2023 located on lower north Newark near broad street light rail and train station. 8- 1 bedroom apartments and 8-2 bedroom apartments 8 park spaces, each apartment comes with stove, dishwasher, microwave, refrigerator, washer and dryer. Granite tops and ceramic back splash, elevator and gym. Separate utilities , heat and cool split unit . Yearly gross income $ 472,000.00

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$560 USD /SF

# OF UNITS

16

PRICE/UNIT

$350,000

CAP RATE

6.05%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,239 SF

ZONING

-

APN/PARCEL ID

14-00449-0000-00066

ASK ABOUT THIS PROPERTY

Antonio CostaExit Realty Lucky Associates, IncMore Info
908-289-7746

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Antonio CostaExit Realty Lucky Associates, IncMore Info
908-289-7746

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.