7121 Samuel Drive Millville, NJ 08332

$130,000
3
Beds
1.5
Baths
924
SQFT
141
$/SQFT
$130,000
3
Beds
1.5
Baths
924   sf
$141 / sf
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active
1/19
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**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000**Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability.One property within this portfolio is **7121 Samuel Dr**, offering a prime example of steady rental income. This charming home has been leased by the same tenants for several years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 3 spacious bedrooms, a full bath and half bath all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. This unit is wheelchair accessible. Key Investment Highlights:- **Portfolio Price**: $2,000,000 for 20 properties- **Annual Gross Income**: $240,000- **12% CAP Rate**: Strong return potential in a stable, in-demand location- **Tenant Stability**: Long-term, reliable tenants in place across all properties- **Maintenance & Management**: Well-maintained homes with minimal upkeep requiredThis portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes!Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.

**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000**Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability.One property within this portfolio is **7121 Samuel Dr**, offering a prime example of steady rental income. This charming home has been leased by the same tenants for several years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 3 spacious bedrooms, a full bath and half bath all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. This unit is wheelchair accessible. Key Investment Highlights:- **Portfolio Price**: $2,000,000 for 20 properties- **Annual Gross Income**: $240,000- **12% CAP Rate**: Strong return potential in a stable, in-demand location- **Tenant Stability**: Long-term, reliable tenants in place across all properties- **Maintenance & Management**: Well-maintained homes with minimal upkeep requiredThis portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Don’t miss out on this lucrative opportunity in Laurel Lakes!Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Cumberland
  • Area
    Commercial Twp
  • Tax Amount
    $1,147
  • Status
    Active
  • Listing #
    NJCB2021288
  • Built
    1985
  • Listed on site
    44 days
  • Listing Agent Id
    121136553103

Listed by:
Compass New Jersey, LLC - Moorestown

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Interior Features

  • Main Floor Bedroom
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