John Wei Acquires Mixed-use Property In Carlstadt From Capital Plus Funding Group For $1.3M

The property asset involved in this transaction is a mixed-use building located at 326 Hackensack Street in Carlstadt. It features a total of 3 units, encompasses 6,500 square feet, and was sold for $1,300,000, resulting in a price per unit of $433,333 and a price per square foot of $200.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,300,000
• Address: 326 Hackensack Street
• Market: Carlstadt
• Units: 3
• Square Footage: 6,500
• Price per Unit: $433,333
• Price per Square Foot: $200
• Buyer: John Wei
• Seller: Capital Plus Funding Group
• Broker Representatives: Yanni Marmarou & Nick Rogers - Investment Property Realty Group (IPRG)

The transaction involved buyer John Wei acquiring the property from seller Capital Plus Funding Group. The deal was facilitated by broker representatives Yanni Marmarou and Nick Rogers from Investment Property Realty Group (IPRG), ensuring a smooth process throughout the acquisition.