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May 17, 2020Investor needs to sign NDA , proof of funds and Bio to acess all detalis on the project

6 Garden Apartments in New Jersey For Sale

622 Garden Apartment Units in New Jersey

Areas: Ventnor City, Mays Landing, Somers Point, Hammonton, North Cape May, Pleasantville.

Total of 6 complexes

Asking Price: $85MM

Total Gross Income: $6,874,435.46
Total Expenses: $2,925,457.13
NOI: $3,948,978.33
Cap: 4.64%
RRM: 11.05
PPU: $136,656

The properties have been in the same family for over 30 years.
The units in this portfolio are in very good condition.

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