933a Hardenbrook Avenue, Toms River, NJ 08753

$16,000,000
List Price
$16,000,000
Status
ACTIVE
Type
Commercial
MLS#
22134616
Region
Toms River Twp (TOM)
Year Built
1951

Property Description

Unique investment opportunity. Offering a 71 unit portfolio made up of predominately 3 bedroom 1 to 2 bathroom single family homes based in owner occupied neighborhoods. Proforma Cap Rate as high as 5.87%, but potential for increase in overall rent roll. $940,000 Proforma NOI. There is a significant upside in future rent roll and overall equity. This is a portfolio sale, not a single property.

Additional Information

Acres
0.21
Taxes
$4,661
Year Built
1951
Garage
Yes
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of KeyTide Realty Group.