KEY GROVE FARMS APARTMENTS

The Eider Group at Marcus & Millichap is proud to present the exclusive opportunity to acquire Key Grove Farms, a 24-unit residential property located at 45 Beers Street in Keyport, Monmouth County, NJ.​

Built in 2017, Key Grove Farms offers a rare combination of newer construction, pride of ownership, low maintenance, and strong rental upside.​ This well-maintained property features condo-level finishes throughout, making it an attractive investment for those seeking stability and long-term growth potential in the thriving Monmouth County market.​

Located just steps from the Keyport waterfront, Key Grove Farms is situated in a high-demand area with convenient access to major transportation, shopping centers, dining, and entertainment options.​ Its prime location, coupled with strong local demographics and market demand, positions the property to deliver consistent cash flow and significant future appreciation.​

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  Newer Construction: Built in 2017 with high-quality, condo-level finishes throughout.

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  Prime Location: Situated near the Keyport waterfront, offering scenic views, recreational options, and close proximity to dining, shopping, and entertainment.

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  Transportation Access: Easy access to major highways and public transportation, connecting residents to nearby employment hubs and key regional destinations.

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  Strong Demographics: Average household income of $132,404 within a 5-mile radius, supporting continued rental demand.

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  Low Maintenance: Modern construction and materials reduce operational costs and provide long-term durability.

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  Rental Upside: Opportunity to increase rents in a high-demand market with limited new multifamily supply.

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  Consistent Cash Flow: Stable occupancy and tenant appeal ensure reliable income streams.

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  Long-Term Growth Potential: Positioned for appreciation in a market with rising property values and tenant demand.