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- LoopNet Team
66 Warren St
Beverly, NJ 08010
Eight Apartment units · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Apartment building
- Great income
- 8 units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.66 AC |
| Property Type | Multifamily | Building Size | 5,126 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1910/2010 |
| Building Class | C | ||
| Zoning | R1, Beverly City - R-1 Zoning: Primarily for single-family homes. | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.66 AC |
| Building Size | 5,126 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1910/2010 |
| Zoning | R1, Beverly City - R-1 Zoning: Primarily for single-family homes. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
SITE AMENITIES
- Smoke Detector
ABOUT 66 WARREN ST , BEVERLY, NJ 08010
ADDRESS 66 Warren Beverly NJ 08010 COUNTY Burlington NUMBER OF UNITS 8 YEAR BUILT 1901 YEAR RENOVATED 2010 OWNERSHIP TYPE Fee Simple FINANCIAL SUMMARY OFFERING PRICE $639,000 PRICE PER UNIT $79,875 OCCUPANCY 100.00 % NOI (CURRENT) $62,268 CAP RATE (CURRENT) 9.74 % GRM (CURRENT) 7.70 GRM (Pro Forma) 7.70 Great property with eight apartment units fully occupied with good income. Large 8 unit building on large lot with ample amount of parking for tenants. One 3BR unit, 2-2BR units and 5-1BR units in two separate buildings. Property can be sold together with 11 other units in Palmyra or as a package of 29 units total in South Jersey
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 2 | - | - |
| 3+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 02-01483-0000-00006 | Improvements Assessment | $254,400 |
| Land Assessment | $41,700 | Total Assessment | $296,100 |
PROPERTY TAXES
