PRICE REDUCED! Prices have been slashed $5000 per property! Up for grabs are 61 cash flowing rental properties located in Pemberton, NJ. Close to Fort Dix and McGuire Air Force Base these properties come with tenants are are guaranteed to put CA$H in your pocket at an 11% CAP Rate. Current new rental rate for a 2 bedroom unit is $900.00 and a 3 bedroom is approximately $1,050.00 to $1,150.00. Properties are either 2 or 3 bedrooms and 1 bathroom. They are one story semi detached units situated on an average lot size of at least 50 X 120 . Total square footage for the duplex is 1,482 feet. 741 sq. feet per unit. 867 sq. feet with 3rd. Bedroom All properties are located in the same neighborhood so no need to travel long distances to check on your properties. Current occupancy rate is 95% and properties never stay vacant for more than 10 days! Guaranteed rent on 48% of properties (11% of properties are on Section 8 and 37% are on Temporary Rental Assistance).You can purchase all rental properties for 4.575MM or in predetermined packages of 10 for $750K each. Lease Purchase Option available. 5 of the 6 unit packages will have either one or possibly two, 3 bedroom units included along with the typical 2 bedroom houses. These 10 unit parcels have been divided up fairly to consist of homes totally remodeled and considered in excellent condition to properties considered to be in good condition. The packages will also have section eight rental assistance tenants distributed between all six, 10 unit packages. More information and rent rolls available upon receipt of proof of funds. This is a steal of a deal so don't let it get away!
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