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3-Unit Multifamily Property. 9.42 CAP RATE! 2430 US-206 3 Unit Apartment Building $325,000 ($108,333/Unit) Mount Holly, NJ 08060

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EXECUTIVE SUMMARY

9.42 CAP RATE! Excellent investment opportunity in Mount Holly, NJ. Conveniently located within minutes of several major highways and the NJ Turnpike offering easy access to Philadelphia. 2430 Route 206 features three fully occupied rental units with long-term tenants and excellent rental income. All units are well maintained with significant upgrades throughout. There is a common patio shared by all three units and reserved onsite parking. All separate utilities in place for tenants with the landlord covering oil, insurance & taxes. This is an excellent investment opportunity with major upside. Contact Jonathan Benstead at (856)465-9573 or Jonathan.Benstead@foxroach.com

PROPERTY FACTS

Price $325,000
Price Per Unit $108,333
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.51 AC
Building Size 2,117 SF
Average Occupancy 100%
No. Stories 1
Year Built 1950

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Listing ID: 32694556

  • Date on Market: 2/16/2024

  • Last Updated:

  • Address: 2430 US-206, Mount Holly, NJ 08060

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