7601 MAGNOLIA DRIVE, MILLVILLE, NJ 08332

bedrooms 2
bathrooms 2
|House
THB ฿4,048,188
USD $125,000
Published on: 10 Nov 2024
Last updated on: 07 Aug 2025
7601 MAGNOLIA DRIVE, MILLVILLE, NJ 08332
7601 MAGNOLIA DRIVE, MILLVILLE, NJ 08332
7601 MAGNOLIA DRIVE, MILLVILLE, NJ 08332
+30
7601 MAGNOLIA DRIVE, MILLVILLE, NJ 08332
  • 30
Property ID: 110095651825
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Modular/Pre-fabricated, Manufactured - MILLVILLE, NJ

7601 MAGNOLIA DRIVE, 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 **7601 Magnolia Dr**, offering a prime example of steady rental income. This charming home has been purposely left vacant to offer buyers the opportunity to tour a sample unit. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, and two full baths, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces.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.

Property Details

Basic Info

Property Type
House
Listing Status
Active
Land Size
1,295.00 m2
Building Size
85.84 m2
Year Built
1980
Rooms
2 bedroom(s), 2 bathroom(s)
Architecture Style
Other
County
CUMBERLAND
Provider
Bright MLS
Subdivision
Laurel Lakes
Brokerage Office Name
Compass
Neighbourhoods
COMMERCIAL TWP
Address
7601 MAGNOLIA DRIVE, 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: 110095651825

      Original Property ID: 3yd-TRENDPA-NJCB2021310
      Data provided by Bright MLS, MLS #: NJCB2021310
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