Cheap Cheap Property For Sale In Hillside Union NJ
Cheap Cheap Property For Sale In Hillside Union County NJ Rents Paid $11k
Here it is, this major road property with triple net (NNN) tenants already in place that are paying over $11,000 a month in rent. This property is being sold for only $400,000 with some investing needing to be done. The property will eventually need tanks with the current sellers having a written estimate for $390k includes everything. There is also outstanding fines owed by the last landlord which is $200k to the state and according to the attorney, the state might settle for $100k. So that's $990,000 investment on this property that brings in $11,000 a month in rent. Once this property is done it would be worth around $1.5-1.8 Million easy, we have ran the comps in the area. Make an offer
Financials (USD)
Asking Price $450,000
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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