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CHESTNUT ST APTS
Camden, NJ 08103
Chestnut Apts · Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Lot Size | 0.80 AC |
| Property Type | Multifamily | Building Size | 3,660 SF |
| Property Subtype | Apartment | Average Occupancy | 90% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1926/2017 |
| Zoning | C - Commercial | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.80 AC |
| Building Size | 3,660 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1926/2017 |
| Zoning | C - Commercial |
AMENITIES
UNIT AMENITIES
- Security System
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Basement
SITE AMENITIES
- Gated
- Trash Pickup - Curbside
ABOUT CHESTNUT ST APTS , CAMDEN, NJ 08103
10 unit complex that is divided into two buildings: 1230 Chestnut. (7 units) and 1107 Louis. (3 units). This is one entity but the city has two separate tax records lot and blocks. Come 4/1/18 all 10 units will be occupied, two units are pending move in. Each building and apt has passed city and state inspections. All utilities are separate. Entire exterior has recently been repainted. Half the leases are 12 mth and the other four are M-T-M but each have been there for at least one year. Will need ample notice for all showings, at least 72 hours. 21.9 Cap Rate as of this past winter. This building sits on the corner of Louis and Chestnut.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | $758.00 | - |
| Studios | 2 | $537.50 | - |
| 1+1 | 3 | $633.00 | - |
PROPERTY TAXES
| Parcel Number | 08-01305-0000-00112 | Improvements Assessment | $0 |
| Land Assessment | $16,300 | Total Assessment | $16,300 |
PROPERTY TAXES
