NJ
CUMBERLAND
MILLVILLE
08332
7121 SAMUEL DRIVE
7121 SAMUEL DRIVE, MILLVILLE, NJ 08332
Listing Type
Mobile Home
Listing Status
active
19
$130,000

Home Details for 7121 SAMUEL DRIVE

Price
$130,000
Type
Residential
Bedrooms
3
Bathrooms
2.0
Square feet
924
Year built
1985
County
CUMBERLAND
Garage
Days on site
120
MLS Listing#
NJCB2021288
Listing Courtesy: Compass New Jersey, LLC - Moorestown - 856-214-2639
Property Description

**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 **7121 Samuel Dr**, offering a prime example of steady rental income. This charming home has been leased by the same tenants for several years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 3 spacious bedrooms, a full bath and half bath all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. This unit is wheelchair accessible. 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 required This 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. Don’t 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 Features
  • Heating Information
    • Electric
    • Natural Gas
    • Forced Air
  • Cooling Information
    • None
  • Water Features
    • Well
  • Parking
    • Driveway
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-01-09 08:30:31
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Bright MLS.
EXIT HOMESTEAD REALTY PROFESSIONALS
1070 E. Chestnut Ave, Vineland, NJ 08360
Office
856 692 3948
Request more details
Code: