322 Vine St - Apartments FOR SALE


Camden, NJ 08102- Cooper Point
$2,195,000 USD
856-858-2200
322 Vine St, Camden, NJ for Sale
$2,195,000 USD
Apartments - FOR SALE
1/43
null | 7.88% Cap Rate

322 Vine St
Camden, NJ 08102
Cooper Point


HIGHLIGHTS

  • PRIME LOCATION
  • INCREDIBLE BENEFITS FOR MINIMAL WORK
  • PROMOTE HISTORIC PRESERVATION

OVERVIEW

Extraordinary investment opportunity in the highly desirable Cooper Point section of BOOMING Camden! This adaptive reuse apartment building showcases the historic charm of an old firehouse transformed into x10 beautiful one & two-bedroom apartments! Strategically located in one of the top appreciating areas in the US, Firehouse Lofts is situated within walking distance of various schools, universities, company headquarters, local attractions, bus & train stations as well as being just minutes from the Benjamin Franklin Bridge with easy access to Philadelphia. The building is also located within a certified Opportunity Zone! Completely renovated in 2022, the property is 100% turnkey & just waiting for an investor! Spacious & open units feature fresh custom paint job, all new flooring, recessed lighting, open floor plan, contemporary fixtures, in-unit laundry, stainless steel appliances throughout & are flooded with an abundance of natural light. the building also includes separate utilities within each unit. Property also offers the novelty of private gated off-street parking. This gorgeous building truly presents a unique cash-flow opportunity, establishing Firehouse Lofts as a one-of-a-kind addition to any portfolio. **Please reach out to listing agent to schedule - appointment must be confirmed by 6p the day before. Group showings ONLY. The next proposed Group Showings (not an open house), will be TBD. Buyer MUST see property in person before offer will be considered.**

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$22 USD /SF

# OF UNITS

10

PRICE/UNIT

$219,500

CAP RATE

7.88%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Firehouse Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

R2

APN/PARCEL ID

08-00028-0000-00046

ASK ABOUT THIS PROPERTY

Patrick GormanKeller Williams Main Street RealtyMore Info
856-858-2200

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Patrick GormanKeller Williams Main Street RealtyMore Info
856-858-2200

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