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Wholesale Investment Property
All Properties are normally sold within 14 days from the date listed. Please check the status of the unit with us before beginning research on properties older than 14 days.
This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.
176A Parker St, Newark, NJ 07104
TURNKEY PROPERTY
Wholesale Price: $1,550,000
After Repair Value: $2,000,000
Cap Rate: : 6-7%
Approximate Monthly Expenses : $3892
Property Information:
* 11 Units
*(10) 1Bd/1Ba – (1) 3Bd/1Ba
* Separate Utilities
* Lot Size: 25X100
* Taxes: $17,467
* Heating: Gas
Construction Details:
3 units are currently vacant, and a 4th will be delivered vacant at time of close, due to lease ending.
Heating is Gas (they think)
Financial Pro-Forma – Click on the graphic to open up in a larger format
General Expense Sheet: 