1205 Farrell Ave | Cherry Hill, NJ 08002
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1205 Farrell Ave
Cherry Hill, NJ 08002
Farrell Avenue MHC · Multifamily Property For Sale
·
42,599 SF
INVESTMENT HIGHLIGHTS
- All new water and sewer lines
- Some long-term tenants - 40-year tenants
- Rent includes water, sewer, and trash
- Surrounded on two sides by Cooper River Park
- Tenants pay for all maintenance of their lots
- Staple tenancy, CPI increases allowed and rents go almost to market on turnover and no maintenance or management
PROPERTY FACTS
| No. Units | 30 | Lot Size | 1.43 AC |
| Property Type | Multifamily | Building Size | 42,599 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Average Occupancy | 97% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1970 |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.43 AC |
| Building Size | 42,599 SF |
| Average Occupancy | 97% |
| No. Stories | 1 |
| Year Built | 1970 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 30 | - | - |
PROPERTY TAXES
| Parcel Number | 09-00036-01-00001 | Improvements Assessment | $22,000 |
| Land Assessment | $343,200 | Total Assessment | $365,200 |
PROPERTY TAXES
Parcel Number
09-00036-01-00001
Land Assessment
$343,200
Improvements Assessment
$22,000
Total Assessment
$365,200
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