Property Highlights:
Location: Fairview neighborhood, Camden NJ
Asking Price: $150,000
Rental Potential: $1,700 – $1,900/month
CAP Rate: 9.3%
Year 1 Cash flow of $324 a month.
Large fenced-in corner lot
Condition: Good overall shape with light improvements needed
Bonus: Includes a storage shed
This VACANT property that the owner has completed the turn over for rent, through with minor improvements and rent optimization, offers solid cash flow potential with upside. The large lot and location within Fairview make it especially attractive for long-term tenant stability. See attachments for financial analysis and overview.