USANJMillvilleLaurel Lakes6415 Magnolia Dr

6415 Magnolia Dr, House other with 2 bedrooms, 1 bathrooms and null parking in MILLVILLE NJ | Image 1

$105,000

6415 Magnolia Dr, Millville, NJ

Name: 6415 Magnolia Dr, For Sale in MILLVILLE - eXp Realty
Brand: Compass New Jersey, LLC - Moorestown
SKU: NJCB2021284
Price: 105000 CAD

House

For Sale

$--,---,---

210

Key Facts
Description
Map

Key Facts

Type Mobile Home

Levels Residential

Size 672 sqft

Garage No

Taxes $637

Days Active 277

Lot Size

Approx. Age 1968

Avg. Price Per Sqft $156

MLS® Number NJCB2021284

Property Address:

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

Description

**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 **6415 Magnolia**, offering a prime example of steady rental income. This charming home has been recently leased by a well qualified tenant, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. 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 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! Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262, NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.Show Description

MLS® NumberNJCB2021284

Laundry LevelMain Floor

Central VacNo

FireplaceNo

Acreage0.14

Exterior

GarageNo

Approx. Age1968

Basement

DrivewayDriveway

Garage Spaces

HeatForced Air, Electric, Natural Gas

A/CNone

Heating Fuel

Extras

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