30 Haddon Ave - Apartments FOR SALE


Collingswood, NJ 08108
$5,400,000 USD
215-454-2852
30 Haddon Ave, Collingswood, NJ for Sale
$5,400,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

30 Haddon Ave
Collingswood, NJ 08108


HIGHLIGHTS

  • Turnkey Operation: Recent Gut Renovation with New Kitchens, Baths, Common Areas and More
  • Strong Unit Mix: 60% Two-Bedroom/One-Bath Apartment Units
  • High Occupancy Market: Competitive Rental Properties Average 95%+ Occupancy
  • Transit Friendly: Walk/Bike to PATCO Speedline (Ferry and Collingswood Stations) to Camden, Points North to Lindenwold, and Center City Philadelphia
  • Convenient to Major Roadways: Situated along Haddon Avenue Just Off Route 130 with Access to Routes 30, 38, 70, and 168 and Interstate 676 & 76
  • Access to Major Employers and Educational and Healthcare Institutions

OVERVIEW

Global Real Estate Advisors (GREA) extends to well-qualified investors the unique opportunity to acquire the fee simple interest in Bellevue Terrace Apartments, a charming property in the desirable town of Collingswood, New Jersey. Situated in highly sought-after Camden County, the property at 30 Haddon Avenue is a fully renovated 20-unit multifamily asset consisting of (2) studio units, (4) one-bedroom units, (12) two-bedroom units, and (2) three-bedroom units. This property has undergone a comprehensive interior and exterior transformation to modernize the units and enhance tenant amenities. The upgrades position the property as an attractive option for renters while maximizing long-term investment value. Current ownership spent over $1,000,000 on improvements, including common areas, exterior capital improvements, and unit renovations such as kitchens, bathrooms, flooring, PTAC units, opening walls, and secure entry and laundry. Residents of Bellevue Terrace live on Haddon Avenue and are within minutes of the Downtown Collingswood borough, a thriving retail corridor home to cozy cafes, craft breweries, and vibrant bars. The property is close to neighborhood amenities such as Dunkin', Sagami (a top-rated sushi spot), Sabrina’s Café (a favorite brunch spot), and popular restaurants Zeppoli, Il Fiore, Sapori Trattoria, and The Kitchen Consigliere. In addition, the 70-acre Knight Park and 345-acre Cooper River Park are within minutes of the property, offering running trails, bike paths, picnic spots, boat launches, athletic fields, and fishing. Bellevue Terrace is a ±10-minute walk to the Ferry or Collingswood PATCO Speedline Station, providing a direct, fifteen-minute commute to Center City Philadelphia. Additionally, easy access to major highways (I-76, I-676, and Routes 30, 38, 70 and 130) makes commuting simple for those working in South Jersey or Philadelphia. This turnkey property presents an opportunity for investors seeking stable cash flow, long-term appreciation, and minimal capital expenditures due to the recent renovations in a supply constrained market. With a diverse unit mix and updated curb appeal, the property is well-positioned for strong occupancy and competitive market rents.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$322 USD /SF

# OF UNITS

20

PRICE/UNIT

$270,000

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bellevue Terrace Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1943

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

B3,Collingswood Boro

APN/PARCEL ID

12-00133-0000-00006-01

ASK ABOUT THIS PROPERTY

215-454-2852

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215-454-2852

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