Multiple
East Orange and Belleville, NJ
As an exclusive agent, Cushman & Wakefield is pleased to offer 100% fee interest in East Belle Portfolio.
Situated between East Orange & Belleville in Essex County, the East Belle Portfolio represents an opportunity to acquire four buildings comprised of 366 units, three of which are new construction with tax abatement programs. The buildings all feature modern construction with contemporary highly sought-after features such as large unit sizes, premium quality finishes, and thoughtful building amenities. Essex County is rapidly emerging as a premier live-work-play community in Northern New Jersey, offering an abundance of dining, shopping, and outdoor recreational options.
As a portfolio this offering represents an opportunity to acquire four superior assets within a convenient 7-mile radius for management efficiency. The unparalleled demographics, strong demand and superior product mix make this portfolio extremely attractive to investors for its solid cash flow and growth potential. The mix of three brand new construction buildings and one property renovated in 2016 offers both low maintenance reliable income and a value-add component as well.
To receive access to the online download center, please execute the confidentiality agreement. Tours can be scheduled upon request. A call for offers will be announced at a later date.
• Highly desirable apartment with modern open-concept floor plans and contemporary finishes
• Tax abatements creates significant savings and allows for tax certainty
• Easy access to public transportation, Interstate 280, Garden State Parkway, and Route 21
• Strong demand drivers due to nearby education, medical, and entertainment facilities
• Essex County is experiencing significant growth, driven by its proximity to New York City