1401 N Main St - Specialty FOR SALE
Manahawkin, NJ 08050 |
$10,000,000 USD
732-283-9000
1401 N Main St
Manahawkin, NJ 08050
HIGHLIGHTS
- Located in Ocean County, where 22.5% of its population is over the age of 65.
- White Cedars Memorial Park has been fully accredited and operational since 2001.
- 4 large and 2 smaller mausoleums can be built.
- Existing mausoleum was built in 2006 and consists of 350 garden style crypts with 50 still available. There are 60 niches with 15 still available.
- There is a loop road with ±900 graves, of which ±80 have been sold. Up to 4,000 Additional grave can be built.
- Cemeteries are privately held with singular investment/tax advantages. All NJ cemeteries are non-profit entities with private boards.
OVERVIEW
The right business for the right time. Fully approved cemetery with a long-term build out development plan in place. Gradual completion will boost both capacity and revenue. Adding an approved chapel will provide added revenue over several generations. White Cedars Memorial Park and & Mausoleum is truly a one-of-a-kind long-term investment opportunity.
FOR SALE DETAILS
PRICE
$10,000,000 USD
PRICE/SF
$1,471 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Specialty
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
25.46 AC
LAND SF
1,108,994 SF
ZONING
RB
APN/PARCEL ID
31-00296-0000-00001-01
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732-283-9000
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732-283-9000
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