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Multifamily

Permanent Loan - Acquisition

  • $1,338,270
  • 6 Unit Multifamily Property
  • Harrison, NJ

Axiom Capital Corp. has arranged $1,338,270 in permanent financing for the acquisition of a multifamily property located in Harrison, Hudson County, New Jersey. The Property is ideally situated with access to major roadways and a PATH station as well as retail, restaurants and institutions of higher learning.

The property is improved with two separate, but adjacent buildings. The Property contains one, studio unit; one, two-bedroom unit; and four, three-bedroom units. The Property also includes parking spaces and a detached garage with a total of five stalls. The Property is not subject to rent control allowing for appropriate increases during inflationary economic cycles.