220 S Lenola Rd
Maple Shade, NJ 08052
Woods Edge Apartment Homes · Multifamily Property For Sale
·
408 Units
PROPERTY FACTS
| No. Units | 408 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 27.77 AC |
| Building Size | 439,292 SF |
| No. Stories | 7 |
| Year Built | 1969 |
| Parking Ratio | 1.36/1,000 SF |
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Disposal
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
- Picnic Area
- Playground
- Property Manager on Site
- Gameroom
- Grill
- Laundry Service
- Elevator
ABOUT 220 S LENOLA RD , MAPLE SHADE, NJ 08052
CBRE is pleased to present to qualified investors the opportunity to acquire the fee-simple interest in The Arbors, a 408-unit high-rise rental community set on a 27-acre wooded site in Maple Shade, Burlington County, New Jersey. The 1969-vintage asset features two seven-story and two eight-story elevator buildings. Apartments have excellent floorplans and average 800 SF. In addition, the apartments feature large concrete balconies, which provide residents great outdoor living space as well as great views.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 39 | - | 285 - 565 |
| 1+1 | 227 | - | 708 - 745 |
| 2+1 | 66 | - | 960 - 996 |
| 2+2 | 66 | - | 996 |
| 3+2 | 10 | - | 1,222 |
PROPERTY TAXES
| Parcel Number | 19-00172-0000-00004-01 | Improvements Assessment | $13,764,700 |
| Land Assessment | $6,060,100 | Total Assessment | $19,824,800 |
ZONING
| Zoning Code | PD |
