222 White Horse Pike | Clementon, NJ 08021
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222 White Horse Pike
Clementon, NJ 08021
222 White Horse Pike · Multifamily Property For Sale · 57 Units
Investment Highlights
- REO Underperforming Asset.
- No Rent Control – the Property is located in a municipality that is not rent controlled.
- Walking Distance to the Bus Station – the Property is 0.1 miles from the US-30 & Reed Lane Bus Station.
- Tremendous Value-Add Opportunity to lease 78% of the building.
- Nearby Amenities – Shopping, restaurants, and other amenities are within walking distance.
- Close Proximity to a Major Highway – located off US Route 30/White Horse Pike.
PROPERTY FACTS
| No. Units | 57 | Building Size | 48,674 SF |
| Property Type | Multifamily | Average Occupancy | 64% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1968 |
| Building Class | C | Parking Ratio | 1.14/1,000 SF |
| Lot Size | 2.08 AC |
| No. Units | 57 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.08 AC |
| Building Size | 48,674 SF |
| Average Occupancy | 64% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.14/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 48 | - | 700 |
| 2+1 | 9 | - | 850 |
PROPERTY TAXES
| Parcel Number | 11-00075-0000-00023 | Improvements Assessment | $1,208,100 |
| Land Assessment | $392,000 | Total Assessment | $1,600,100 |
PROPERTY TAXES
Parcel Number
11-00075-0000-00023
Land Assessment
$392,000
Improvements Assessment
$1,208,100
Total Assessment
$1,600,100
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