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New Jersey Newark Two Licensed Housing Dcc Properties For Sale

Essex County, New Jersey, US
Asking Price:
$8,000,000
Sales Revenue:
Available on request
Cash Flow:
$500,000

$8,000,000 for New Jersey Two Licensed Housing DCC Properties.  Prime-income-producing business properties for sale. sale includes Three separate properties in close proximity of each other.  It has been operated and family owned by the same seller for the past 20 years.  Properties consist of licensed housing.  Can be sold as a package or separately.  Incredible and very profitable Investment Opportunity with Guaranteed NOI of $500,000 Per Year from Rental Income.  Property values appreciating.  Well-positioned in Heavily congested areas.  Renovated Properties.  DCC licensing, which allows for government-subsidized housing. Residential SRO (Single Room Occupancy), which caters to a combined occupancy of 34 units with additional commercial rented spaces and two apartments.  100% occupancy.  Please "do not disturb Tenants" and call The Saleh Group for more information and showings or visit us online

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

 Other Investments

Years established:
2004