25-51 Springholm Dr - Apartments FOR SALE
Berkeley Heights, NJ 07922 |
25-51 Springholm Dr
Berkeley Heights, NJ 07922
HIGHLIGHTS
- Fourteen (14) fully occupied residential condominiums (mix of 2 and 3 bed units) in an excellent Northern New Jersey location.
- 100% leased and cash-flowing, a prime turnkey opportunity to acquire a multifamily property with stable income and future upside potential.
- The property is in a park-like community and units feature recent renovations and in-unit washers and dryers.
- All units are earmarked as affordable housing.
- Adjacent to I-78, 5 minutes to Route 22 (a heavily trafficked major artery with numerous retail and restaurant options) and 30 minutes from Manhattan.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Villas on the Park - 14 Affordable Units
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
15525
STORIES
2
YEAR BUILT
1996
PARKING SPACES
28
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
01-04603-0000-00036-25-CONDO
