Prime Commercial & Residential Investment Package in Hamilton, NJ
Discover an excellent investment opportunity with this package sale, featuring a versatile commercial warehouse plus a fully occupied residential duplex in the heart of Hamilton, NJ. Offering 9,600 sq. ft. of warehouse space, alongside a duplex generating stable rental income, this property presents strong cash flow potential with significant upside.
Key Features:
• Total Warehouse Space: 9,600 sq. ft.
• Leased Warehouse Area: 5,000 sq. ft. to a reliable tenant
• Owner-Occupied Warehouse Area: 4,600 sq. ft., available for lease or personal use
• Residential Duplex: Fully occupied, generating additional rental income
• Additional Income: $4,800 from supplementary sources
• Annual Expenses: $31,930 (taxes, utilities, and insurance)
Financial Highlights:
• Current Net Operating Income (NOI): $39,470 (including residential income)
• Potential Additional Income: Leasing the available 4,600 sq. ft. at market rates (estimated between $13.00 - $17.00 per sq. ft. per year) could add $59,800 to $78,200 annually
• Projected Total NOI: Up to $117,670
• Purchase Price: $1,167,000
• Current Cap Rate: 3.38%
• Potential Cap Rate Post-Lease: Up to 10.08%
Why Invest in This Property?
This property presents a strong value-add opportunity for investors and owner-users alike. The partially occupied status ensures immediate income, with the flexibility to lease the remaining warehouse space at market rates to enhance profitability. Hamilton’s industrial and commercial real estate market remains stable, with strong demand for warehouse and light manufacturing spaces.
Strategic Location & Market Potential:
• Industrial Space Demand: Market rents for industrial properties in Hamilton average $13 - $17 per sq. ft., reflecting steady tenant demand.
• Mixed-Use Asset: Income diversification from both warehouse and residential rental streams.
• Accessible & High-Growth Area: Located in a well-connected business corridor with easy access to major highways.
Opportunities for Investors & Business Owners:
• Lease-Up Strategy: Unlock greater cash flow by securing tenants for the 4,600 sq. ft. currently owner-occupied.
• Diversified Revenue Streams: Benefit from steady residential rental income while optimizing commercial leasing.
• Long-Term Appreciation: Hamilton’s commercial sector continues to offer long-term value and growth potential for well-positioned properties.
Don’t miss out on this exceptional opportunity to acquire a strategic commercial and residential investment package in a growing market. Contact me today to schedule a viewing and explore the possibilities this property has to offer!