Paulsboro, NJ
Property Type: MultifamilySize: 24 Units
Price: See Broker for Details
CAP: See Broker for Details
Highlights:
- 24-Unit Apartment Community Located in Paulsboro, Gloucester County, New Jersey
- Value Add Opportunity: Rents Approximately 20% Below Submarket Averages
- One- and Two-Bedroom Units
- Strong Location with Easy Access to Major Transportation Routes
- Offered Together or Separately: May be purchased as a portfolio with Cedar Knoll
Description:
Marcus & Millichap is pleased to present for sale The Manor - A 24-unit apartment complex located in Paulsboro, Gloucester County, New Jersey. The property features 1 one-bedroom unit and 23 two-bedroom units.
Rents at The Manor are approximately 20% below-market, giving investors the opportunity to raise rents so they are more in-line with market.
The property is strategically located, providing easy access to major transportation routes, including Interstate 295 and the Delaware Memorial Bridge.
The Manor is being offered as a portfolio, along with Cedar Knoll, or as a separate offering.
Please reach out to listing agent Andrew Townsend for additional details about this offering at 215-531-7020
