10/31/2008

Eight-building multi-family portfolio on the market for $19.5M

by
Marcus & Millichap is currently marketing for sale an eight-apartment building portfolio in Elizabeth, N.J., with an asking price of $19.5 million.

Natale Gambuzza and Christopher Rizzolo of the firm's New Jersey office are representing the seller in the offering.

The portfolio is on the market for $59,633 per unit and contains 327 units. It is comprised of 29 studios, 41 junior one-bedroom units, 189 one-bedroom units, 59 two-bedroom units and nine three-bedroom units. Four of the apartment buildings overlook Jefferson Park.

Size: 327 units

---

Filed Under: Multi-Family

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

* - Required fields Subject: * Message: * Contact Name: * Contact URL: Contact Email: * Write the characters in the image above:

Related Headlines

• Colliers International welcomes three brokers in California - 5/29/2009
• Texas hotel sells for $4.275M - 5/29/2009
• Massey Knakal lists NoHo retail building for $5.95M - 5/29/2009
• California industrial building sells for nearly $3 million - 5/29/2009
• NAI facilitates sale of Alaska mixed-use building - 5/28/2009
• Long Beach retail center commands $6.05M - 5/28/2009
• Florida land fetches $2.725M - 5/28/2009
• Marcus & Millichap list Virginia retail store for more than $10.2M - 5/28/2009
• Colliers Arnold stays busy in Tampa - 5/27/2009
• Colliers sells two buildings in California - 5/27/2009