146 WAKEMAN AVE

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146 WAKEMAN AVE

NEWARK, NJ 07104
Asking Price
$799K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Receivership Auction - Low Reserve <p><span style="color: rgba(0, 0, 0, 1)">Court Ordered Receivership AUCTION Sale. July 14 @6PM ET.</span></p><p><span style="color: rgba(0, 0, 0, 1)">This property consists of 7 residential apartment units, including 1 in the basement</span></p><p><span style="color: rgba(0, 0, 0, 1)">Low maintenance & income producing.</span></p><p><span style="color: rgba(0, 0, 0, 1)">Value add opportunity.</span></p><p><span style="color: rgba(0, 0, 0, 1)">2% Broker Coop Offered.</span></p><p><span style="col

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NOI
$80,000
Cap Rate
10.01%
DSCR
1.69
Strong
Cash-on-Cash
13.59%
Monthly Payment
$3,953.016
Annual Cash Flow
$32,563.807

Location & Travel Times