2020 Woodlynne Ave - Apartments FOR SALE


Oaklyn, NJ 08107
$1,450,000 USD
856-810-5712
2020 Woodlynne Ave, Oaklyn, NJ for Sale
$1,450,000 USD
Apartments - FOR SALE
1/4
null | 8.04% Cap Rate

2020 Woodlynne Ave
Oaklyn, NJ 08107


OVERVIEW

Ten unit 2-story apartment complex now available! Great location just off Route 130, 5 minutes to Philadelphia close to exit 3 of the NJ Turnpike. 10 Units fully occupied and updated throughout each unit. Excellent investment property with good income and rental history. Two story building around 5600 sq. ft. with separate entrances for each tenant and balcony on the second floor. All units are contiguous 1 bedroom 1 bath units with excellent income and room for upside with the average 1 Bedroom unit in the area going for $13500/month. Upgraded throughout with electrical upgrades, newer roof in 2022, mechanicals, all units have been redone throughout. Possible income of over $16,000 per month gross at market value. The current Monthly income is around $13,000 per month with the average rent around $1295/month. Great investment opportunity to add to your portfolio with great upside. Call or email for complete details. *This is an exclusive offering and confidential Sale- please contact Jason or Dawn for complete details and Financials

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$259 USD /SF

# OF UNITS

10

PRICE/UNIT

$145,000

CAP RATE

8.04%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Apartments 8% cap rate !

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,602 SF

ZONING

-

APN/PARCEL ID

37-00402-0000-00026

ASK ABOUT THIS PROPERTY

Jason BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-810-5712

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

Jason BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-810-5712

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