2430 US-206 - Apartments FOR SALE


Mount Holly, NJ 08060
$295,000 USD
856-613-8003
2430 US-206, Mount Holly, NJ for Sale
$295,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

2430 US-206
Mount Holly, NJ 08060


OVERVIEW

***Property SOLD 12/2024*** A majority of the owner's multifamily portfolio is located throughout North Jersey and owner is selling because they prefer the North Jersey market*** ***Listing Agent will be holding a one-day group showing the week of 1/12/26. Please contact Jon Benstead at (856) 465-9573 for showing availbility*** Since being purchased in December 2024, the owner has made significant upgrades to this investment property in Mount Holly, NJ, including a brand-new roof, upgraded mechanicals, and a replaced boiler. Conveniently located near major highways and the NJ Turnpike for easy access to Philadelphia, the property features three fully occupied rental units: a studio renting for $900, and two 2-bedroom units each renting for $1,200. All units are well maintained and upgraded, with a shared common patio and reserved onsite parking. The property operates on septic and well systems, with separate utilities for tenants while the landlord covers oil, insurance, and taxes. This offers an excellent CAP rate and rental history.

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$139 USD /SF

# OF UNITS

3

PRICE/UNIT

$98,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Occupied Triplex - 10.31% CAP RATE!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

-

APN/PARCEL ID

29-00781-0000-00001

ASK ABOUT THIS PROPERTY

Jon BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-613-8003

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Jon BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-613-8003

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