Property summary
This exceptional multifamily investment opportunity in Beverly, New Jersey, presents two apartment buildings totaling 54 units on a 1.46-acre lot. The property, identified by APN 02-01280-0000-00001, boasts a combined 54,600 square feet of living space. Building A, a four-story structure, comprises 39 units – a mix of 23 one-bedroom and 16 two-bedroom apartments. This building includes eight garages, eight storage closets, and a total of 75 parking spaces. Building B, a three-story building, offers 15 units, consisting of nine one-bedroom and six two-bedroom apartments, along with 30 parking spaces. The address is 601 Cooper St, Beverly, NJ 08010, in Burlington County. This property presents a significant opportunity for developers and investors seeking a substantial multifamily portfolio in a desirable New Jersey location. The existing buildings offer immediate income potential, while the substantial lot size allows for potential expansion or redevelopment. The property's location in Beverly provides convenient access to local amenities and transportation networks. This is a rare chance to acquire a well-positioned multifamily asset with strong potential for future growth and returns.
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