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- LoopNet Team
3536 Pacific Ave
Atlantic City, NJ 08401
Price Reduced! | 14 Units MF | 100% Occupied · Multifamily Property For Sale
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14 Units
INVESTMENT HIGHLIGHTS
- Opportunity Zone
- New exterior paint September 2019 and the roof was resealed June 2019
- Located in Atlantic City, this 100% occupied property is close to public transportation and only a few minutes walk to the beach
PROPERTY FACTS
| No. Units | 14 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 7,435 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1930 |
| Zoning | RS-C - Resort Commercial | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 7,435 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1930 |
| Zoning | RS-C - Resort Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Refrigerator
- Range
SITE AMENITIES
- Laundry Facilities
ABOUT 3536 PACIFIC AVE , ATLANTIC CITY, NJ 08401
Zetabid is accepting offers on this 14-unit apartment building located in Atlantic City. The property is 100% occupied and close to the university, public transportation and only a few minutes walk to the beach. Current rent roll and financials available for review in our Due Diligence Vault. Roof was resealed in June 2019 and new exterior paint in September 2019. Opportunity Zone! Zetabid Link: https://zetabid.com/auction/14-unit-apartment-building-atlantic-city-nj/ Property Contact: Zetabid Eric Koesterer 818-426-2660 ekoesterer@zetabid.com
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $800.00 | - |
| 1+1 | 7 | $725.00 | - |
| Studios | 5 | $675.00 | - |
PROPERTY TAXES
| Parcel Number | 02-00022-0000-00002 | Improvements Assessment | $350,000 |
| Land Assessment | $210,000 | Total Assessment | $560,000 |
PROPERTY TAXES
