200 Deal Lake Dr - Apartments FOR SALE


Asbury Park, NJ 07712
$22,500,000 USD
908-692-7633
200 Deal Lake Dr, Asbury Park, NJ for Sale
$22,500,000 USD
Apartments - FOR SALE
1/32
null | Request Cap Rate

200 Deal Lake Dr
Asbury Park, NJ 07712


HIGHLIGHTS

  • 98 residential units
  • Fully renovated less than 10 years ago
  • Upside in rents
  • Tenants pay for their electric heat
  • Great unit mix + top floor penthouse
  • On-site laundry, gym, media room, roof terrace, and across the street from the ocean

OVERVIEW

The property is an eight story residential building with 98 residential units, renovated in 2016.

FOR SALE DETAILS

PRICE

$22,500,000 USD

PRICE/SF

$234 USD /SF

# OF UNITS

98

PRICE/UNIT

$229,592

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

200 Deal Lake Drive

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

2014

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,002 SF

ZONING

MU-24

APN/PARCEL ID

04-04302-0000-00003

ASK ABOUT THIS PROPERTY

Daniel LanniKislakMore Info
908-692-7633

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

Daniel LanniKislakMore Info
908-692-7633

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