Beechwood Gardens

Trenton, NJ
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About the property

62-unit multi-family property for sale in Trenton, NJ operating at 100% occupancy. The property contains 75 parking spaces for tenants, 30 of the units have been renovated, and there is a brand-new roof fully installed with solar panels. There is assumable debt on the property with an outstanding balance of 4,600,000 at 3.75% interest rate. Currently 1.5 years remaining on the loan. The average market asking rent per unit is 1,521 and the average asking rent for the property is $1,094. The property is also conveniently located near the Trenton Transit Center, Hamilton Commuter Rail, and Trenton Mercer Airport. Pricing guidance is $6,900,000 - $111K.

Property Information
Year Built:
Square Feed:
Year Renovation:
Investment Highlights
  • On site Laundry Facility
  • Approximately 30 apartments have been renovated to varying degrees
  • Buyer can implement utility billback systems
  • Currently 29 section 8 tenants
  • 75 parking spaces
  • Roof is fully installed with solar panels
  • 15 of the 1 BR have balconies
  • Less than 10 minutes away to Trenton Transit Center, Hamilton Commuter Rail, and Trenton Mercer Airport
Contact the Team
Samuel R. Finkler
Senior Vice President, Investment Sales
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Jack Connor
Associate, Investment Sales
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