Rare opportunity to invest in this Established Business of owning a fully licensed Rooming House in N.J. at a 10.6% CAP RATE. The owner has transformed this establishment into a 95-100% occupancy home for adults that need a weekly or monthly lease with many staying long term. 51 Rentable Rooms and Six One Bedroom apartments bring in a steady flow of income, while affording it's occupants a rent well below market rates. The Belvedere in Keansburg prides itself on a clean, well kept, establishment. Located within 2 blocks to the Keansburg waterfront and the Baypoint Redevelopment area with the millions of dollar transformation happening now. It's the perfect time to invest in this opportunity. Consists of BUILDINGS, LAND & BUSINESS. Operating Licenses Included.
2411783R
Commercial - Other, 3+ Story
Monmouth
Public Water
3
Stucco
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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Data Provided by ATTOM Data Solutions
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