253 Mantoloking Rd - Apartments FOR SALE


Brick, NJ 08723
$1,800,000 USD
732-856-1860
253 Mantoloking Rd, Brick, NJ for Sale
$1,800,000 USD
Apartments - FOR SALE
1/44
null | 6.67% Cap Rate

253 Mantoloking Rd
Brick, NJ 08723


OVERVIEW

**253 Mantoloking Road, Brick Township, NJ** This mixed-use investment property offers immediate cash flow with exceptional upside potential. **Property Features:** * Three (3) spacious 3-bedroom apartments — two located on the first floor and one on the second floor. * Approximately **1,000 SF office space**, ideal for owner-occupancy or additional rental income. * Large on-site parking lot accommodating both residential tenants and office users. * Fully renovated with strong in-place and projected income potential. Ideally situated just minutes from the Mantoloking Bridge and the Jersey Shore beaches, the property offers an attractive location for both residential and commercial tenants. A rare opportunity to acquire a stabilized mixed-use asset with built-in growth potential in one of Brick Township's most desirable commercial corridors.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$316 USD /SF

# OF UNITS

4

PRICE/UNIT

$450,000

CAP RATE

6.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

VZ

APN/PARCEL ID

07-00109-11-00001

ASK ABOUT THIS PROPERTY

George Jablonski IIeXp RealtyMore Info
732-856-1860

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

George Jablonski IIeXp RealtyMore Info
732-856-1860

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