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In contract
WEB ID: 81756550

519 Lakehurst Rd BROWNS MILLS, NJ 08015

BROWNS MILLS, NJ 08015

in contract | Commercial | Built in 1978

17.8 acres
$1,170,000
  • Annual Tax: $31,109.00
  • Available Immediately

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In contract
WEB ID: 81756550

519 Lakehurst Rd BROWNS MILLS, NJ 08015

BROWNS MILLS, NJ 08015

in contract | Commercial | Built in 1978

17.8 acres
$1,170,000
  • Annual Tax: $31,109.00
  • Available Immediately

The Details

About 519 Lakehurst Rd, BROWNS MILLS, Burlington, NJ 08015

CAME BACK ON THE MARKET. Prime investment property. 2.0 ac with 12,800 sf strip center retail building and 15.7 ac wooded property in Browns Mill, NJ. There are 16 units with 65 parking spaces. Now 70% of occupancy but still the cap rate is 7.6%. When you make more tenants, your cap rate will be 9%. The tenants are a Pizza restaurant, a Chinese restaurant, a Laundromat, a Dry Cleaner, a Doctor's office, a Barbers...
Listing Courtesy of REALTY MARK ADVANTAGE, (856) 457-4900, BRIGHTMLS:NJBL2057998

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