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  • 1786 days on site
  • 1,261 views

Bank of America, Dental Care of Egg Harbor, LLC, two 3-bedroom apartments, 100% occupied. Lease with BOA started in 2013 for 15 years, has 7 years remaining. Years 16 to 30 go from $2927/month to $3,522.67/month. BOA reimburses 25% of all operating expenses. Dental Care lease is for 60 months with 2 five-year options at 3% bump per year. Dental Care just opened has ADA compliant bathroom. Leases escalate yearly. Buyer and seller will follow Bulk Sales Act, C9600, certified at least 10 days prior to settlement. 2nd floor two 3-BR apartments one at $1,200/month and one at $1,100/month. 4 units at 1,156 sf for total 4,624 sf. Cap Rate 7.66%. Located in busy commercial area near public transportation. Great Investment Opportunity! Call listing broker to show

Source: BRIGHT MLS, MLS#: NJAC2000154

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  • Property Type
    Commercial Sale
  • Lot
    0.08 acres

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  • Median Age
    44
  • Population Density
    118
  • College Educated
    32%
  • Estimated Median Income
    $71,497
  • Estimated Total Home Owners
    3,651
  • Estimated Total Renters
    1,512
  • Owner / Renter Divide
    71% / 29%
  • Estimated Average Household Size
    3
  • Total Population
    14,068
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 205-207 PHILADELPHIA AVENUE

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
12/3/2024Source: BRIGHT MLS Status Change
PENDING
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2021
Listing provided courtesy of BHHS Fox & Roach-Margate- MLS# NJAC2000154MLS ProviderContact Information: 6098224200