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Turbine Lofts 73 Washington St 36 Unit Apartment Building $10,800,000 ($300,000/Unit) Mount Holly, NJ 08060

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Investment Highlights

  • Premier Adaptive Reuse Warehouse completed in 2020
  • Luxury Loft-Style New Units with 12-15 Feet Ceilings Studio to Two-Bedroom Layouts w/ Select Dens
  • 1 Min Walk to Nearby Bus Stop with Direct Service to Philadelphia
  • 30 Year Tax PILOT Extremely Affordable
  • 100% Market-Rate No Rent Control Ordinance in Mount Holly Township
  • Strong Regional Connectivity Access to I-295, NJ Turnpike, and Route 38

Executive Summary

Turbine Lofts is Mount Holly’s premier adaptive reuse residential community, completed in 2020 and designed to blend historic character with modern living. The property comprises 36 loft-style apartments with a unit mix ranging from studios to two-bedroom layouts, including select residences with dens. Residences are appointed with modern features such as in-unit laundry, large kitchens with granite countertops, stainless steel appliances, dishwashers and microwaves, hardwood flooring, walk-in closets, and oversized windows that maximize natural light. Additional conveniences include wall-mounted air conditioning, high-speed internet access, cable-ready connections, heating, and smoke-free living. Notably, the property is not subject to rent control, providing investors with long-term flexibility in rental strategy and income growth.
Strategically located in the heart of Mount Holly, Turbine Lofts offers walkable access to downtown dining, cafés, and cultural destinations such as Mill Race Village. The nearest NJ Transit bus stop is within a one-minute walk, providing direct service to regional rail and Philadelphia in under an hour. The property also benefits from quick connections to Interstate 295, the New Jersey Turnpike, and Route 38, ensuring seamless regional mobility. Major employers including Virtua Health, UPS, Burlington County government offices, and Rowan College at Burlington County are all within a short drive, reinforcing the property’s appeal as a highly connected residential destination with strong lifestyle and employment access.
For additional information, please visit: https://turbine.hudsonatlantic.com

Property Facts

Price $10,800,000
Price Per Unit $300,000
Sale Type Investment
No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.07 AC
Building Size 25,242 SF
No. Stories 3
Year Built 2020
Zoning B1

Amenities

Unit Amenities

  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Walk-In Closets
  • Carpet

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Package Service
  • Maintenance on site
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 7 - 741 - 826
Studios 1 - 683
1+1 14 - 700 - 1,257
1+1.5 9 - 802 - 1,214
2+2 5 - 1,112 - 1,322
Walk Score®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
23-00044-0000-00016
Land Assessment
$294,200
Improvements Assessment
$0
Total Assessment
$294,200
  • Listing ID: 39428341

  • Date on Market: 2/13/2026

  • Last Updated:

  • Address: 73 Washington St, Mount Holly, NJ 08060

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