148 Route 181 - Apartments FOR SALE


Lake Hopatcong, NJ 07849
$2,100,000 USD
973-347-3700
148 Route 181, Lake Hopatcong, NJ for Sale
$2,100,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

148 Route 181
Lake Hopatcong, NJ 07849


OVERVIEW

Prime Morris County Lake view development opportunity directly across the street from prominent Lake Hopatcong and one of Lake Hopatcongs largest marinas. C2/C1 zone. Currently 9 buildings/24 units short term rentals w/potential for conversion. Less than 50 miles from NYC. Lake Hopatcong is the largest lake in NJ, over 2600 acres with high demand for full time & short term housing.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

24

PRICE/UNIT

$87,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

C-2

APN/PARCEL ID

14-00320-01-00003

ASK ABOUT THIS PROPERTY

Stacey MichelmanRealty Executives Exceptional REALTORSMore Info
973-347-3700

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Stacey MichelmanRealty Executives Exceptional REALTORSMore Info
973-347-3700

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