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🏢 Just listed — Apartment Building Multifamily for sale in Asbury Park, NJ.

📍 905 Grand Avenue, Asbury Park, NJ
🏷  Apartment Building Multifamily · For Sale
💰 Contact for price

905 Grand Avenue, Asbury Park, NJ 64106

<ul><li>Fully rented with leases</li><li>Tenants pay cooking gas & electricity</li><li>Landlord pays water/sewer/heat/common electricity</li><li>NOI based on pro-forma: $66,553</li><li>All apartments are in very good condition</li></u

Full financials, photos, and broker contact:
https://commrty.com/property/new-jersey/asbury-park/905-grand-avenue-5-family-home-2596956-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=905-grand-avenue-5-family-home-2596956

#AsburyPark #Multifamily #CommercialRealEstate #CRE #Investment

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Home/NJ/Asbury Park

905 Grand Avenue

Asbury Park, NJ 64106

Asking Price

Contact for price

Asset Type

Apartment Building Multifamily

Class

Class B

What's Special

905 Grand Avenue, Asbury Park, NJ 64106 <ul><li>Fully rented with leases</li><li>Tenants pay cooking gas & electricity</li><li>Landlord pays water/sewer/heat/common electricity</li><li>NOI based on pro-forma: $66,553</li><li>All apartments are in very good condition</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

8.00%

DSCR

1.35

Strong

Cash-on-Cash

6.88%

Monthly Payment

$4,947.454

Annual Cash Flow

$20,630.547

Location & Travel Times

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Listed by Owner · For Sale