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Luttgen and Elm Portfolio - Linden 2 biens | Immeuble residentiel | Linden, NJ
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- 16-unit, multifamily investment portfolio in Linden, New Jersey
- Additional income is generated through a Verizon antenna lease and on-site laundry facilities located at Elm Street Apartments
- Elm Street Apartments has the ability to convert one-bedroom apartments into two-bedroom apartments
- Value-add opportunity with 12% below market rents
- Both assets are located within walking distance to the Linden Train Station and downtown area
- Luttgen Place Apartments was constructed in 2010 with large open floor-plans with condo quality finishes, separate utilities, and washer/dryer
Résumé analytique
The Luttgen and Elm Portfolio offers investors a compelling value-add opportunity, featuring two assets with below-market rents in a highly desirable location within Union County. The portfolio includes a condominium-quality building constructed in 2010 with separate utilities, as well as a garden-style property built in 1960 that has undergone significant capital improvements over the past 15 years—including a new roof, windows, boiler, hot water heaters, and all-new electric and water lines. The Luttgen and Elm portfolio stands as a proven value-add investment opportunity, with the potential to increase NOI by 17%.
Informations sur l’immeuble
| Type de vente | Investissement | Individuellement en vente | 0 |
| Statut | Actif | Surface totale de l’immeuble | 1 444 m² |
| Nb de biens | 2 | Surface totale du terrain | 0,17 ha |
| Type de vente | Investissement |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 1 444 m² |
| Surface totale du terrain | 0,17 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
| 415 E Elm St, Linden, NJ 07036 | Immeuble residentiel | 743 m² | 1929 | - |
| 104 Luttgen Pl, Linden, NJ 07036 | Immeuble residentiel | 700 m² | 2010 | - |
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Luttgen and Elm Portfolio - Linden
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