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85 W Water St 1,500 SF Specialty Building Offered at $17,000 at a 8.82% Cap Rate in Toms River, NJ 08753

Executive Summary
$17,000/boat slip
5 Boat slips at Spinnackers Cove . Length sizes up to 33' to 40' New dock, electrical, all upgraded after Sandy. Upscale condominium complex. Priced right for a quick sale.
5 Boat slips at Spinnackers Cove . Length sizes up to 33' to 40' New dock, electrical, all upgraded after Sandy. Upscale condominium complex. Priced right for a quick sale.
Property Facts
| Price | $17,000 | Building Class | B |
| Price Per SF | $11.33 | Lot Size | 0.01 AC |
| Sale Type | Investment | Building Size | 1,500 SF |
| Cap Rate | 8.82% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1950 |
| Property Subtype | Residential Income | Parking Ratio | 10/1,000 SF |
| Zoning | VS | ||
| Price | $17,000 |
| Price Per SF | $11.33 |
| Sale Type | Investment |
| Cap Rate | 8.82% |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.01 AC |
| Building Size | 1,500 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 10/1,000 SF |
| Zoning | VS |
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Property Taxes
| Parcel Number | 08-00669-0000-00040-0000-C210R | Improvements Assessment | $172,900 |
| Land Assessment | $175,000 | Total Assessment | $347,900 |
Property Taxes
Parcel Number
08-00669-0000-00040-0000-C210R
Land Assessment
$175,000
Improvements Assessment
$172,900
Total Assessment
$347,900
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Presented by
Tobro Real Estate Management Co., Inc
85 W Water St
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