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Laurel Lakes Rental Portfolio 20 Build-to-Rent Properties Offered at £1,504,212 in Millville, NJ

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INVESTMENT HIGHLIGHTS

  • Portfolio of 20 Income Producing Residential Homes.
  • Projected Annual NOI $286,736.00
  • Projected CAP rate of 14.34%.

EXECUTIVE SUMMARY

**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.
Key Investment Highlights:
- **Portfolio Price**: $2,000,000 for 20 properties
- **Annual Gross Income**: $387,654
- **14.38% CAP Rate**: Strong return potential in a stable, in-demand location
- **Tenant Stability**: Many long-term, reliable tenants in place across all properties
- **Maintenance & Management**: Well-maintained homes with minimal upkeep required
This 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!

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (PRO FORMA - 2025)

ANNUAL
Gross Rental Income £276,575
Other Income £14,982
Vacancy Loss -
Effective Gross Income £291,557
Taxes £13,200
Operating Expenses £62,701
Total Expenses £75,901
Net Operating Income £215,656

TAXES & OPERATING EXPENSES (PRO FORMA - 2025)

Gross Rental Income
Annual £276,575
Other Income
Annual £14,982
Vacancy Loss
Annual -
Effective Gross Income
Annual £291,557
Taxes
Annual £13,200
Operating Expenses
Annual £62,701
Total Expenses
Annual £75,901
Net Operating Income
Annual £215,656

PROPERTY FACTS

Price £1,504,212
Price psf £87.09 / sq ft
Sale Condition Portfolio Sale
Yield 14.38%
Sale Type Investment
Status Active
Number of Properties 20
Individually For Sale 0
Total Property Size 17,271 sq ft
Total Land Area 4.49 ac

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
7618 John St, Millville, NJ 08332 Build-to-Rent 2,007 sq ft 1970 -
7625 John St, Millville, NJ 08332 Build-to-Rent 1,544 sq ft 1970 -
1761 Spring Garden Rd, Millville, NJ 08332 Build-to-Rent 1,040 sq ft 1965 -
6301 Whittier Dr, Millville, NJ 08332 Build-to-Rent 938 sq ft 1970 -
7637 Joseph St, Millville, NJ 08332 Build-to-Rent 938 sq ft 1970 -
7150 Samuel Dr, Millville, NJ 08332 Build-to-Rent 932 sq ft 1970 -
7601 Magnolia Dr, Millville, NJ 08332 Build-to-Rent 924 sq ft 1980 -
7121 Samuel Dr, Millville, NJ 08332 Build-to-Rent 924 sq ft 1985 -
7754 Raymond Dr, Millville, NJ 08332 Build-to-Rent 924 sq ft 1970 -
541 Fern Rd, Millville, NJ 08332 Build-to-Rent 870 sq ft 1970 -
7330 William Ave, Millville, NJ 08332 Build-to-Rent 780 sq ft 1975 -
432 Delphinium Rd, Millville, NJ 08332 Build-to-Rent 764 sq ft 1970 -
6801 Battle Ln, Millville, NJ 08332 Build-to-Rent 672 sq ft 1970 -
6415 Magnolia Dr, Millville, NJ 08332 Build-to-Rent 672 sq ft 1968 -
542 Gooseberry Rd, Millville, NJ 08332 Build-to-Rent 672 sq ft 1970 -
504 Dandelion Rd, Millville, NJ 08332 Build-to-Rent 612 sq ft 1980 -
7306 Keron Dr, Millville, NJ 08332 Build-to-Rent 588 sq ft 1965 -
5205 Doris Dr, Millville, NJ 08332 Build-to-Rent 552 sq ft 1970 -
250 Jute Rd, Millville, NJ 08332 Build-to-Rent 468 sq ft 1970 -
7413 John St, Millville, NJ 08332 Build-to-Rent 450 sq ft 1968 -
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  • Listing ID: 33833788

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: Laurel Lakes Rental Portfolio, Millville, NJ

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