1222-1230 1st Ave - Apartments FOR SALE


Asbury Park, NJ 07712
$2,200,000 USD
732-546-7501
1222-1230 1st Ave, Asbury Park, NJ for Sale
$2,200,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

1222-1230 1st Ave
Asbury Park, NJ 07712


HIGHLIGHTS

  • Prime Location
  • 10 Units
  • Close to transportation and restaurants

OVERVIEW

Prime Investment Opportunity in Asbury Park.This 6,336 Sq.Ft. multi-unit property-presents a lucrative opportunity for investors, featuring 10 Total Apartments. Broken down into 5 two-bedroom units and 5 one-bedroom units, with 7 already renovated to modern standards. The property includes a private off-street parking lot, enhancing tenant convenience. Landlord only pays water / sewer and tenants are responsible for electric and heat. With completely renovated units and long-term tenants this is a chance to invest in a well-positioned property with strong potential for appreciation and cash flow!

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$320 USD /SF

# OF UNITS

10

PRICE/UNIT

$220,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

N/Av

APN/PARCEL ID

04-01601-0000-00002

ASK ABOUT THIS PROPERTY

Joseph SpinellaKeller Williams RealtyMore Info
732-546-7501

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Joseph SpinellaKeller Williams RealtyMore Info
732-546-7501

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