RECEIVERSHIP AUCTION: PORTFOLIO OF OOH OPPORTUNITIES

307 US-202 U.S. 202 Flemington, NJ 08822

307 US-202 U.S. 202 , Flemington, NJ, 08822
307 US-202 U.S. 202 , Flemington, NJ, 08822
FOR SALE REO Auction Property
Property Type:
Other Special Purpose
Amount:
Please Call Broker for Price

Cap Rate:
9.50%
Last Verified:
May 28, 2024

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Unique opportunity to acquire a portfolio of 9 OOH parcels and personal property in Mt. Laurel, Flemington, Pennsauken, Raritan and Washington Twp as further described in the Receiver Sale Notice. In re: Superior Court of New Jersey, Hunterdon County, Chancery Division. WPC Billboard Lender, LLC, Plaintiff v. Catalyst Outdoor Development, LLC, et. al., Defendants, docket no. F-007059-23. Can also be purchased individually!

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Map of 307 US-202 U.S. 202 , Flemington, NJ, 08822

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.