Hanna Family Companies

Agents, Brokers, Hanna Family Companies, Howard “Hoby” Hanna, Rand Realty, Striker Realty, Thomas Borowski, Howard Hanna, Industry News, Teams, National, Latest News, News

Latest Acquisition Extends Howard Hanna Reach in New Jersey

February 17th, 2022

Hanna Family of Companies is ramping up for growth in the New Jersey market with the announced Howard Hanna | Rand Realty acquisition of Striker Realty, which includes three offices in Linden, Livingston and Rahway, New Jersey. Founded 20 years...

Agents, Hanna Family Companies, Howard “Hoby” Hanna, Brokers, Thomas Borowski, Rand Realty, Striker Realty, Howard Hanna, Industry News, Teams, National, Latest News, News

Latest Acquisition Extends Howard Hanna | Rand Realty Reach in New Jersey

February 17th, 2022

Featured Case Studies

CLASS A RENTAL PROPERTIES

Location

Suburbs where the neighborhoods are predominantly owner occupants and are better school districts.

Property Values

Typically range between $100,000 and $175,000.

Monthly Rents & ROI

Range from $1,200 to $2,000. ROI can range from 8-10% on an all-cash basis, with higher cash on cash ROI when leverage is applied.

Featured Case Studies

CLASS B RENTAL PROPERTIES

Location

Suburbs where neighborhoods are a mixture of tenants and owner occupants.

Property Values

Typically range between $50,000 and $100,000.

Monthly Rents & ROI

Rents range from $850 to $1,200. ROI can range from 10-14% on an all-cash basis.

Featured Case Studies

CLASS C RENTAL PROPERTIES

Location

Neighborhoods are predominantly tenants.

Property Values

Typically range between $30,000 and $50,000.

Monthly Rents & ROI

Rents range from $650 to $950. ROI can range from 14-16% on an all-cash basis.