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830 Clinton Ave, Newark, NJ 071089 Fabyan Pl, Newark, NJ 07108258 Renner Ave, Newark, NJ 071121 Mapes Ave, Newark, NJ 071122 Custer Ave, Newark, NJ 07112
Weequahic Income Restricted - Multifamily
100% in Upside
Overview
Weequahic Portfolio offers 204 units across seven well-positioned properties. The Portfolio delivers diversified income streams, operational resilience, and tenant-mix flexibility not achievable in single-asset multifamily investments.
Investment Highlights
Deal Size
$25 M
Average in-place rents of $1,005 with portfolio market rents of ~$2,000 prove significant upside with strong renter demand. With 90% occupancy, the next owner could capture this upside immediately.
The portfolio includes deed restrictions with concurrent PILOTs expiring in '27, '30, '33, and '43.
Photo Gallery
830 Clinton AveNewark, NJ 07108830 Clinton Ave, Newark, NJ 071089 Fabyan Pl, Newark, NJ 07108258 Renner Ave, Newark, NJ 071121 Mapes Ave, Newark, NJ 071122 Custer Ave, Newark, NJ 07112110 Schuyler Ave, Newark, NJ 07112163 Huntington Terrace, Newark, NJ 07112
Sales Team
16 Microlab Road, Livingston, NJ
Listing provided by LightBox Revere