1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332

bedrooms 3
bathrooms 1
|Maison
THB ฿4 735 060
USD $140 000
Publié le: 10 11 2024
Dernière mise à jour le: 16 01 2025
1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
+14
1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
  • 14
Propriété ID: 110095651780
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Modular/Pre-Fabricated, Mobile Pre 1976 - MILLVILLE, NJ

1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000**Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability.One property within this portfolio is **1761 Spring Garden**, offering a prime example of steady rental income. This charming home has been newly leased, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 3 spacious bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. This unit has a new heater and has been newly renovated. Key Investment Highlights:- **Portfolio Price**: $2,000,000 for 20 properties- **Annual Gross Income**: $240,000- **12% CAP Rate**: Strong return potential in a stable, in-demand location- **Tenant Stability**: Long-term, reliable tenants in place across all properties- **Maintenance & Management**: Well-maintained homes with minimal upkeep requiredThis portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes! Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.

Détails de la propriété

Informations générales

Type de propriété
Maison
Statut de la liste
Active
Taille du terrain
1 133,12 m2
taille du bâtiment
96,62 m2
Année de construction
1965
Pièces
3 Chambre(s), 1 Salle(s) de bain
Style d'architecture
Other
Comté
CUMBERLAND
Fournisseur
Bright MLS
Subdivision
Laurel Lakes
Nom de l'Agence Immobilière
Compass
Quartiers
COMMERCIAL TWP
Adresse
1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
Contacter L'agent
Jennifer Rothenberger
Compass New Jersey, LLC - Moorestown
129 Chester AVENUE, Moorestown, NJ 08057
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Jennifer Rothenberger
129 Chester AVENUE, Moorestown, NJ 08057
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      Propriété ID: 110095651780

      Données fournies par Bright MLS, MLS #: NJCB2021308
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