NAI Hanson Announces Sale of Apartment Building in Lodi, N.J.
NAI HANSON ANNOUNCES SALE OF APARTMENT BUILDING IN LODI, N.J.
- Buyer Attracted By Price and Ongoing Income Potential of Fully Leased Property -
NAI James E. Hanson, a leading New Jersey-based commercial real estate firm, today announced that the firm represented both parties in the $590,000 sale of a six-unit apartment building at 528 Harrison Avenue in Lodi, N.J.
NAI Hanson Vice President Anthony J. Cassano oversaw the transaction on behalf ofthe buyer, T.T. & Sons Realty LLC.
“The buyer was attracted to the great value of the deal — both price and future income potential,” Cassano said. “The fully leased property will provide excellent cash flow for the new ownership.”
About NAI James E. Hanson
Since 1955, NAI James E. Hanson has been a leading independent full-service brokerage commercial real estate and property management firm serving a diverse client list. NAI Hanson offers its clients strategic solutions and provides comprehensive value-added services such as office, industrial and retail brokerage, investment sales, land sales, management, government services and financing expertise.
NAI Hanson is also one of the original members of NAI Global, an international commercial real estate network with over 350offices spanning the globe. For more information on NAI James E. Hanson, contact William C. Hanson, SIOR, at the company’s Hackensack office at 201-488-5800 or visit www.naihanson.com.
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