New Jersey SFH Rental Portfoilo Pending

New Jersey Rental Portfolio – Mercer County

• 3qty single-family homes – Hamilton, NJ
• Currently Revenue – $49,200
• Current Expenses – $5450
• NOI – $41,888 (9.75% Cap rate)
• All tenants have lived in the properties for 4+ years
• Rents are currently BELOW market – value add
• All properties have been renovated in the past 3-4 years
• Property Breakdown:
  – 1126 Nottingham Way – 3bed/2bath – $1350
  – 1129 Nottingham Way – 3bed/1bath – $1400
  – 1010 Deutz Ave – 2bed/1bath – $1350

Quick Summary:

We are offering a fully turnkey New Jersey rental portfolio located in Mercer County, NJ, all of the properties are occupied by long-standing tenants paying below-market rents. All properties have been renovated over the last 3-4 years; no renovations are required here. 

For more information please contact me directly. More information will be shared once POF and LOI have been received.