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279 S Black Horse Pike
Mount Ephraim, NJ 08059
Willow Glen Apartments · Multifamily Property For Sale
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68 Units
Investment Highlights
- Strong In-Place Cash Flow & Historical Occupancy: Stabilized Asset Remaining 99% Occupied
- Recent Capital Improvements: New Roof Sealing, Pointing, Mailboxes, and Lighting Installed within the Last 12 Months
- Pride of Ownership: Well-Maintained Property; Long-Term Family Ownership; First Time Property is Being Offered for Sale Since 2010
- Immediate Rental Upside with Value-Add Opportunity: ±10% Upside with No Work Needed; +20% Upside with In-Unit Renovations
- Secure Access & Ample Parking: Intercom System, Security Cameras, and Resident Off-Street Parking
Property Facts
| No. Units | 68 | Lot Size | 0.76 AC |
| Property Type | Multifamily | Building Size | 40,165 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1965/2007 |
| Building Class | C | Parking Ratio | 1.74/1,000 SF |
| No. Units | 68 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.76 AC |
| Building Size | 40,165 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2007 |
| Parking Ratio | 1.74/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Hardwood Floors
- Tub/Shower
- Smoke Free
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Picnic Area
- Trash Pickup - Door to Door
- Smoke Detector
Property Taxes
| Parcel Number | 25-00116-0000-00012-01 | Improvements Assessment | $1,500,000 |
| Land Assessment | $500,000 | Total Assessment | $2,000,000 |
Property Taxes
Parcel Number
25-00116-0000-00012-01
Land Assessment
$500,000
Improvements Assessment
$1,500,000
Total Assessment
$2,000,000
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