USANJMillvilleLaurel Lakes7150 Samuel Dr

7150 Samuel Dr, House other with 2 bedrooms, 2 bathrooms and null parking in MILLVILLE NJ | Image 1

$115,000

7150 Samuel Dr, Millville, NJ

Name: 7150 Samuel Dr, For Sale in MILLVILLE - eXp Realty
Brand: Compass New Jersey, LLC - Moorestown
SKU: NJCB2021290
Price: 115000 CAD

House

For Sale

$--,---,---

220

Key Facts
Description
Map

Key Facts

Type Mobile Home

Levels Residential

Size 932 sqft

Garage No

Taxes $670

Days Active 277

Lot Size

Approx. Age 1970

Avg. Price Per Sqft $123

MLS® Number NJCB2021290

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 **7150 Samuel De**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for the last year, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, with a primary bedroom featuring an attached bath and walk in closet, the second bedroom is on the other end of the home close to the second full bath, all nestled on a beautifully landscaped lot with mature trees and two to three off-street parking spaces. Fully renovated in 2023 with new flooring, some windows, kitchen and baths. 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® NumberNJCB2021290

Laundry Level

Central VacNo

FireplaceNo

Acreage0

Exterior

GarageNo

Approx. Age1970

Basement

DrivewayDriveway

Garage Spaces

HeatForced Air, Natural Gas, Electric

A/CNone

Heating Fuel

Extras

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