871 Corkery Ln
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871 Corkery Ln
4 Unit Apartment Building $1,444,350 CAD ($361,088 CAD/Unit) Williamstown, NJ 08094
INVESTMENT HIGHLIGHTS
- Surrounded by modern single-family homes • Nearby amenities include: Glouester Outlets, Mins to Philadelphia • Restaurants, Fitness Centers, Wawa
- A great opportunity for long-term growth
- Walmart, Big Banks, and Public Transportation • High-demand area with strong rental income potential
EXECUTIVE SUMMARY
Investment Opportunity – Multi-Family Property on 10.2 Acres!
Property Features:
• Type: 4-Family Residential Building
• Land Size: 10.2 Acres
• Units: 4
• Two 1-Bedroom Apartments
• Layout: 1 Bedroom, Living Room, Kitchen, and Full Bath
• Two 2-Bedroom Apartments
• Layout: 2 Bedrooms, Living Room, Kitchen, and Full Bath
• Condition: good
• Newer roof
Newer Softner
• Fully rented on month to month lease
Location Highlights:
• Surrounded by modern single-family homes
• Nearby amenities include: Glouester Outlets, Mins to Philadelphia
• Restaurants, Fitness Centers, Wawa, Walmart, Big Banks, and Public Transportation
• High-demand area with strong rental income potential
• Strategic location for redevelopment or multi-purpose use
• A great opportunity for long-term growth
Viewings by Appointment Only – A Must See!
Property Features:
• Type: 4-Family Residential Building
• Land Size: 10.2 Acres
• Units: 4
• Two 1-Bedroom Apartments
• Layout: 1 Bedroom, Living Room, Kitchen, and Full Bath
• Two 2-Bedroom Apartments
• Layout: 2 Bedrooms, Living Room, Kitchen, and Full Bath
• Condition: good
• Newer roof
Newer Softner
• Fully rented on month to month lease
Location Highlights:
• Surrounded by modern single-family homes
• Nearby amenities include: Glouester Outlets, Mins to Philadelphia
• Restaurants, Fitness Centers, Wawa, Walmart, Big Banks, and Public Transportation
• High-demand area with strong rental income potential
• Strategic location for redevelopment or multi-purpose use
• A great opportunity for long-term growth
Viewings by Appointment Only – A Must See!
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$108,326
|
$37.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$108,326
|
$37.68
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$26,283
|
$9.14
|
| Net Operating Income |
$82,043
|
$28.54
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $108,326 |
| Annual Per SF | $37.68 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $108,326 |
| Annual Per SF | $37.68 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $26,283 |
| Annual Per SF | $9.14 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $82,043 |
| Annual Per SF | $28.54 |
PROPERTY FACTS
| Price | $1,444,350 CAD | Building Class | C |
| Price Per Unit | $361,088 CAD | Lot Size | 10.09 AC |
| Sale Type | Investment | Building Size | 2,875 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment |
| Price | $1,444,350 CAD |
| Price Per Unit | $361,088 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 10.09 AC |
| Building Size | 2,875 SF |
| No. Stories | 1 |
| Year Built | 1950 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
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871 Corkery Ln
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