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Business For Sale

Multi-Family Apartment Buildings-55 Units

Hudson County, NJ

Commercial Real Estate: Multifamily

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$7,000,000
$615,889
$0
Not Disclosed
$0
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
0
97652979

Business Overview:

2x5 story brick multi-family buildings on opposite corners located approximately on 50x100 lot on a .1148 acres in Hudson County. Very densely populated area. 1st building has 29 units property tax $18,828. 2nd building has 26 units plus laundry in a basement property tax $24,432. Apartments vary in size from 3-6 rooms. Most likely 3-4 higher rent ones has tile in bathroom, granite in kitchens, cpc pipping, circuit breakers. Seller relocation to Florida. Seller willing to do 1031 exchange. Seller pays heat and electric for hallways. Shown by appointment only.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

2 buildings; 29units, 26 unit and laundry unit 3-6 rooms. Street parking. Good condition. Lease year to year.

Reason for Selling:

Relocating to Florida.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: