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14 Units Multi Family Apartments 100 % Occupied

  • Writer: iBuyRightProperties.com
    iBuyRightProperties.com
  • Apr 5, 2020
  • 1 min read

Updated: Jun 6, 2020


3536 Pacific Ave, Atlantic City, NJ 08401

7435 SqFt Lot .11 AC Built 1930


Off Market

Multi Family

Gross Rents PF 2019: $119,575

Expenses PF 2019: $56,898

NOI PF 2019: $62,000

CapRate: 7.48%

GRM: 6.93

Unit Mix: (2) 2 Bed +1 Bath | (7) 1 Bed + 1 Bath | (5) Studio + 1 Bath

2 Stories

Zoning: RS-C


  • Opportunity Zone

  • New exterior paint September 2019 and the roof was resealed June 2019

  • Located in Atlantic City, this

  • 100% occupied property

  • Close to public transportation

  • Few minutes walk to the beach

  • Close to the university

Current rent roll and financials available for review in our Due Diligence Vault. Roof was resealed in June 2019 and new exterior paint in September 2019. Opportunity Zone!


Property Flyer <<<---Click Here!



EK


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