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113-115 Wales Ave, Jersey City, NJ, 07306

113-115 Wales Ave
$2,228,000

Key Information

Cap Rate
6.25%
Tot. SF
8,000
Units
6
Year Built
2015
Type
Apartments
NOI
$139,221

Highlights

New Construction Opportunity

  • 6 Units
  • 2 Buildings
  • 100% Free Market
  • 6.25% Cap Rate
  • New Construction (2015)

Building Highlights

  • 4 Garage Parking Spaces + 2 Dedicated Parking Spaces
  • Large apartments averaging ±1,333 SF
  • Strong unit mix of 2- and 3-bedroom apartments
  • In-Unit Washer/Dryer, Stainless Steel Appliances, Granite Countertops, & Oversized Closets
  • Outdoor Space for each Unit
  • Central HVAC
  • Prime Location in Journal Square, Jersey City

Convenient Transportation

  • The building is approximately a 20-minute walk to the Journal Square Station which provides a 12-minute ride directly to Midtown Manhattan via the PATH.

Photos

Location

Agents

Broker of Record

Patrick Forde

License # 2330333, 122887 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666