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Lindenwold 3 Townhome Portfolio

3 Properties Offered at £465,510 in Multiple Locations

Investment Highlights

  • Located close to grocery stores and shopping centers
  • 100% occupancy with newly renovated units
  • Located close to major highways

Executive Summary

A 3 unit condo portfolio in Lindenwold with 100% occupancy and have been fully renovated within the past 5 years (2 units renovated in 2023). Rents have been increasing since 2018 and the rent being collected right now is still under market rate for the larger unit. Condo Association has improved the amenities on site and this area has become an affordable and ideal place for many that are looking to live in the area.

Property Facts

Price £465,510
Price / SF £1.97 / SF
Sale Conditions
Ground Lease (Leased Fee)
  • Portfolio Sale
Net Initial Yield 7.99%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 235,775 SF
Total Land Area 0.05 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
908 Timber Creek rd, Lindenwold, NJ 08021 Residential 992 SF 1973 -
910 Timber Creek rd, Lindenwold, NJ 08021 Speciality 1,540 SF 1973 -
606 Timber Creek rd, Clementon, NJ 08021 Residential 233,243 SF 1973 -
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  • Listing ID: 30725797

  • Date on Market: 22/01/2024

  • Last Updated:

  • Address: Lindenwold 3 Townhome Portfolio, Lindenwold, NJ

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