Property Description
Unique investment opportunity. Offering a 71 unit portfolio made up of predominately 3 bedroom 1 to 2 bathroom single family homes based in owner occupied neighborhoods. Proforma Cap Rate as high as 5.87%, but potential for increase in overall rent roll. $940,000 Proforma NOI. There is a significant upside in future rent roll and overall equity. This is a portfolio sale, not a single property.
Features
: Other
: Other
Y
: Frame
: Crawl Space
: Other
N
: Colonial, Cape Cod, Ranch/rambler
: Other
: Other
: Other
N
Address Map
Kaighns Ave to Longwood
MLS Addon
Annually
Annually
CHERRY HILL TOWNSHIP PUBLIC SCHOOLS
1,224 Sqft
: Detached
1,224 Sqft
$5,182
2020
RESIDENTIAL
: Public Sewer
: Public
N
$0
Multi-family For Sale
830 LONGWOOD AVENUE, CHERRY HILL, New Jersey 08002
1,224 Sqft
$16,000,000
Listing ID #NJCD2009480
Basic Details
Property Type : Multi-family
Status : ACTIVE
Listing ID : NJCD2009480
Price : $16,000,000
Sqft : 1,224 Sqft
Year Built : 1910
Lot Area : 0.51 Acre
Price Per SQFT : $13,072
Lot SQFT : 22,400 Sqft
Ownership Interest : Fee Simple
Agent info
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