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FOR SALE
$845,000

205-207 Philadelphia Ave
Egg Harbor City, NJ 08215

Other
Residence
0.075
Acre Lot
1of
Photos
Map
Courtesy: BHHS FOX and ROACH-Margate
Agent Websites> New Jersey> Egg Harbor City> 08215
Bank of America, Dental Care of Egg Harbor, LLC, two 3-bedroom apartments, 100% occupied. Lease with BOA started in 2013 for 15 years, has 7 years remaining. Years 16 to 30 go from $2927/month to $3,522.67/month. BOA reimburses 25% of all operating expenses. Dental Care Grand Opening today, Oct 6, lease is for 60 months with 2 five-year options at 3% bump per year. Dental Care has ADA compliant bathroom. Leases escalate yearly. Buyer and seller will follow Bulk Sales Act, C9600, certified at least 10 days prior to settlement. 2nd floor two 3-BR apartments rented at $1,200/month. 4 units at 1,156 sf for total 4,624 sf. Cap Rate 7.66%. Located in busy commercial area near public transportation. Great Investment Opportunity! Call listing broker to show.
549198
Other, 2 Story
Atlantic
0.075 Acres
Public
2
Wood Frame
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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