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$115,000

Beds
3
Baths
1.0
sq ft
780

7330 William Ave, Millville, NJ 08332

7330 William Ave

MILLVILLE, NJ 08332

  • 5 days on market
**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000** Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability. One property within this portfolio is **7330 William Ave**, offering a prime example of steady rental income. This charming home has been recently leased to a qualified tenant, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, three comfortable bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. Key Investment Highlights: - **Portfolio Price**: $2,000,000 for 20 properties - **Annual Gross Income**: $240,000 - **12% CAP Rate**: Strong return potential in a stable, in-demand location - **Tenant Stability**: Long-term, reliable tenants in place across all properties - **Maintenance & Management**: Well-maintained homes with minimal upkeep required This portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes! Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.

Details

Property type

Mobile Home

Type

Single Wide

Lot size

5,998 sq ft

Price per sq ft

$148

Year built

1975

Annual property taxes

$668

HOA

No

Price History

11/09/2024
Bright

Bright #NJCB2021296

Listed
$115,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MILLVILLE AREA

Status: Active

Tomo last checked: 11/14/2024 at 4:55 PM

Listing updated: 11/09/2024 at 12:44 AM

Listed by: Jennifer J Rothenberger, Compass New Jersey, LLC - Moorestown Phone #: (856) 214-2639

MLS: Bright #NJCB2021296

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