75 Unit Land Totowa NJ
Price$23,500,000
Units75
Asset TypeLand
Investment Highlights
Totowa NJ new construction 75 unit multifamily on 5.3 acres mostly 2br units 80/20% FM/RS has tax abatement. All units have washer/dryer & SS appliances. $2m NOI projected on full occupancy - normal sale owner asking $23.5m as is (20% leased) or $25.5m when fully leased. Negotiable (8% cap)
Location
📍 Totowa NJ
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