9.22% CAP RATE with 85% FINANCING AVAILABLE (to qualified buyer) resulting in 44.33% initial rate of return!! on this massive ONE OF A KIND income producing property. 9800 sq ft of commercial/office space occupying 3 separate buildings. total of 19 units currently 74% occupied by seller's own design to allow space for end user occupant. seller does little advertising other then a single sign out front!! remarkable income on these office suites!! seller has arranged a fantastic financing package to offer up to 85% financing of this project. original dwelling totally redone in 2006 and both 1 story buildings built new at the same time. perfect for straight investment or owner occupant. huge full unfinished basement available for storage or added income. built-in dumpster rooms keeps the property perfectly maintained
| MLS# | 468617 |
|---|---|
| Style | IQWeb_Office Bldg |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 475 |
| Story(s) | 2 |
|---|---|
| Units | 19 |
Area Information | |
|---|---|
| State | NJ |
| County | Atlantic |
| City | Galloway Township |
| Zip Code | 08205 |
| Area | Galloway Twp |
| Listing VS Median (in 08205) | |
Price: $1,098,000 low | high Med: $179,500 100% of Average On Site: 475 low | high Med: 10 100% of Average | |
MLS Number: 468617
