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Property profile & analytics
OFF-MARKET
Estimated value
$74,880,000
Residential income homes
1 Burroughs Ml Cir Cherry Hill, NJ 08002-1200
Entity Owned
3-yr Hold
Property ID
US59-0823097
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Construction
BRICK
Lot
25.87 ac (1,126,897 SF)
APN
09 00263- 01-00001
UPID
US59-0823097
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$74.88M
Owner & transaction history
Msvef Mf Burroughs Mill Nj LP · 3 yrs held
Msvef Mf Burroughs Mill Nj LP
since 2023
Last sale
$77.9M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cherry Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cherry Hill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$68,885,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$74.88M
Range $67.39M – $82.37M · ±10% · vs last sale $77.88M (Jun 13 2023)
Last sale anchor
$77.88M
Jun 13 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$1,756,980
Tax year 2022
Assessed value
$43,000,000
Assessed 2023
Previous assessed
$43,000,000
+0.0% YoY
Effective rate
4.09%
On assessed value
Assessed land
$4,139,200
Assessed improvement
$38,860,800
Land market value
$4,139,200
Improvement market value
$38,860,800
Total market value
$43,000,000
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Construction
BRICK
Heating
NONE
Stories
3
Units
1
Lot
25.87 ac (1,126,897 SF)
APN
09 00263- 01-00001
UPID
US59-0823097
Jurisdiction
CAMDEN
Metro division
CAMDEN, NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Construction
BRICK
Heating
NONE
Stories
3
Units
1
Lot
25.87 ac
Current owner
From public records · entity-resolved
Msvef Mf Burroughs Mill Nj LP
Entity
Mailing address
51 MADISON WACKER DR #41, CHICAGO, IL 60606
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2023
$77,882,000
Msvef Mf Burroughs Mill Nj LP
Gs Burroughs Mill Project Owner LLC
Deed
—
Dec 1, 2017
—
Gs Burroughs Mill Project Owne
Monogram Residl Burroughs Mil
Grant Deed
$40,100,000 · Walker & Dunlop
Oct 14, 2016
—
Monogram Residl Burroughs Mil
—
Grant Deed
related
$24,200,000 · Wells Fargo Bk
Sep 30, 2009
$40,000,000
Behringer Harvard Burroughs Mill Re
Saf Burroughs Mill LLC
Deed
$26,000,000 · Deutsche Bank Berkshire Mortgage In
Oct 25, 2005
$62,000,000
Saf Burroughs Mill LLC
Burroughs Mill Apartments LLC
Grant Deed
related
—
Dec 9, 2004
—
Burroughs Mill Apartments LLC
—
Deed Of Trust
related
$34,000,000 · Travelers Insurance
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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