1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332

bedrooms 3
bathrooms 1
|House
THB ฿4,491,103
USD $140,000
Published on: 10 Nov 2024
Last updated on: 07 Aug 2025
1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
+14
1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
  • 14
Property ID: 110095651780
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Modular/Pre-fabricated, Mobile Pre 1976 - MILLVILLE, NJ

1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000**Presenting an exceptional investment opportunity in the highly sought-after Laurel Lakes community! This portfolio includes 20 well-maintained, tenant-occupied properties, all strategically located within the same thriving neighborhood. With a consistent and reliable tenant base, these homes provide immediate cash flow and long-term stability.One property within this portfolio is **1761 Spring Garden**, offering a prime example of steady rental income. This charming home has been newly leased, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 3 spacious bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. This unit has a new heater and has been newly renovated. Key Investment Highlights:- **Portfolio Price**: $2,000,000 for 20 properties- **Annual Gross Income**: $240,000- **12% CAP Rate**: Strong return potential in a stable, in-demand location- **Tenant Stability**: Long-term, reliable tenants in place across all properties- **Maintenance & Management**: Well-maintained homes with minimal upkeep requiredThis portfolio presents a rare opportunity to secure a high-performing asset in a community with ongoing rental demand and future growth potential. With a strong CAP rate and consistent cash flow, this investment is ideal for serious investors seeking to expand their holdings in a thriving market. Dont miss out on this lucrative opportunity in Laurel Lakes! Portfolio includes MLS# NJCB2021228, NJCB2021246, NJCB2021260, NJCB2021276, NJCB2021262,NJCB2021278, NJCB2021280, NJCB2021286, NJCB2021284, NJCB2021288, NJCB2021290, NJCB2021294, NJCB2021296, NJCB2021298, NJCB2021300, NJCB2021302, NJCB2021304, NJCB2021306, NJCB2021308, and NJCB2021310.

Property Details

Basic Info

Property Type
House
Listing Status
Active
Land Size
1,133.12 m2
Building Size
96.62 m2
Year Built
1965
Rooms
3 bedroom(s), 1 bathroom(s)
Architecture Style
Other
County
CUMBERLAND
Provider
Bright MLS
Subdivision
Laurel Lakes
Brokerage Office Name
Compass
Neighbourhoods
COMMERCIAL TWP
Address
1761 SPRING GARDEN ROAD, MILLVILLE, NJ 08332
Contact Agent
Jennifer Rothenberger
Compass New Jersey, LLC - Moorestown
129 Chester AVENUE, Moorestown, NJ 08057
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Jennifer Rothenberger
129 Chester AVENUE, Moorestown, NJ 08057
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      Property ID: 110095651780

      Original Property ID: 3yd-TRENDPA-NJCB2021308
      Data provided by Bright MLS, MLS #: NJCB2021308
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