Exceptional Investment Opportunity: 20 Tenant-Occupied Properties in a Prime Location
Presenting a remarkable investment opportunity in the highly desirable Laurel Lakes community! This portfolio of 20 well-maintained, tenant-occupied properties offers immediate cash flow and long-term stability, making it an ideal choice for investors looking to expand their holdings. Strategically located in a thriving neighborhood, each property is positioned to capitalize on the ongoing demand for rental homes in this sought-after area.
One standout property in this portfolio is 250 Jute Rd, a prime example of a steady income-generating asset. This charming home has been leased to reliable tenants for several years, minimizing vacancy risk and ensuring dependable revenue for the investor. The property features an open-concept living area, 2 spacious bedrooms, and a full bath, offering comfortable living spaces for tenants. It is nestled on a beautifully landscaped lot with mature trees and provides convenient off-street parking with two designated spaces.
Key Investment Highlights:
- Portfolio Price: $2,000,000 for all 20 properties
- Annual Gross Income: $240,000, ensuring strong and consistent cash flow
- 12% CAP Rate: Impressive return potential in a stable, in-demand location
- Tenant Stability: Long-term, reliable tenants across all properties, ensuring minimal turnover
- Maintenance & Management: Well-maintained homes that require minimal upkeep, reducing the hands-on involvement needed by the investor
This portfolio provides a rare opportunity to secure a collection of high-performing assets within a community that consistently experiences strong rental demand. With the ongoing growth potential of the Laurel Lakes neighborhood, this investment promises not only reliable income but also the opportunity to expand your real estate holdings in an ever-thriving market.
Whether you’re a seasoned investor or someone looking to make a significant move in the rental property market, this portfolio offers a solid foundation for success. The combination of strong CAP rates, consistent cash flow, and low maintenance requirements makes this an exceptional investment opportunity that is not to be missed.
Portfolio Includes Properties with MLS Numbers: NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.
Don’t miss your chance to invest in this lucrative portfolio within the Laurel Lakes community. Act now and secure your future with a solid, income-generating investment!
from Zillow