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$3,750,000
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  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial
Levels Commercial Sale
Size 15719 sqft
Garage No
HOA Fees 
Taxes $31,551
Approx. Age 0
Avg. Price Per Sqft $238
MLS® Number 2411783R

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to invest in this Established Business of owning a fully licensed Rooming House in N.J. At a 10.6% CAP RATE. The owner has transformed this establishment into a 95-100% occupancy home for adults that need a weekly or monthly lease with many staying long term. 51 Rentable Rooms and Six One Bedroom apartments bring in a steady flow of income, while affording it's occupants a rent well below market rates. The Belvedere in Keansburg prides itself on a clean, well kept, establishment. Located within 2 blocks to the Keansburg waterfront and the Baypoint Redevelopment area with the millions of dollar transformation happening now. It's the perfect time to invest in this opportunity. Consists of BUILDINGS, LAND & BUSINESS. Operating Licenses Included.Show Description
MLS® Number2411783R
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age0
Stories3
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHot Water
A/CWindow Unit(s)
Heating Fuel

Extras

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