CrezlyOff-Market Offering

Off-Market Deal

$23,500,000

Asking Price
$23,500,000

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)
James Smith
Listing contact · Verified on Crezly
Inquire / make an offer:
https://www.crezly.com/property/totowa-nj-new-construction-75-unit-multifamily/
Prepared via Crezly Marketplace (crezly.com) from owner/broker-supplied information and NYC public records. Information deemed reliable but not guaranteed; buyers must independently verify. Not an offer, solicitation, or investment advice.