110 Beloit Ave - Apartments FOR SALE


Audubon, NJ 08106
$970,000 USD
856-810-5712
110 Beloit Ave, Audubon, NJ for Sale
$970,000 USD
Apartments - FOR SALE
1/12
null | 7.74% Cap Rate

110 Beloit Ave
Audubon, NJ 08106


OVERVIEW

Located in a highly desirable area for rentals, close to downtown surrounded by Haddonfield , Cherry Hill and just minutes to Center City Philadelphia. This 5 unit apartment complex, fully occupied cash cow waiting to be seized! Located in the heart of Audubon prime location and strong rental history, this property offers an unbeatable return on investment with even more upside. Four of the 5 units have been fully remodeled with excellent, tasteful upgrades throughout. One (1) bedroom Three (2) bedroom One (4) bedroom. The 4 Bedroom unit has a lot of upside...up to $2600 /month per Comps which would bring the total gross income up to $111,000/year. 110 Beloit is located in a quiet neighborhood surrounded by single family homes in a great area and good school systems. The tenants each pay their own utilities, share a large rear yard with parking on the side, laundry in each unit for tenants. This is an amazing value add property with an already attractive CAP rate of 7.74% with an even higher rate on return with the 4-bedroom unit rented at market value. Call or email Jason or Dawn for complete details, offering and tours.

FOR SALE DETAILS

PRICE

$970,000 USD

PRICE/SF

$195 USD /SF

# OF UNITS

5

PRICE/UNIT

$194,000

CAP RATE

7.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Apartments 7.90% Cap rate

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1936

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

-

APN/PARCEL ID

01-00080-0000-00005

ASK ABOUT THIS PROPERTY

Jason BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-810-5712

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Jason BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-810-5712

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.