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28838656
28838657

300 W Kings Hwy, Mount Ephraim, NJ 08059

SB
NJ NJ 0447057
innovate Realty
Listed by innovate Realty
$1,125,000
177 days on market
Updated 172 days ago

300 W Kings Highway

Details
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Square Footage 3,263
Units 6
Cap Rate 7.02%
NOI $79,000
Occupancy 83%
Tenancy Multi
Lease Type Modified
Price per SqFt $345
Year Built 1950
Year Renovated 2023
Buildings 1
Stories 2

Mixed Use | 7.02% CAP | 3,263 SqFt

Marketing description

Outstanding mixed-use investment opportunity in the heart of Mount Ephraim, NJ. This well-maintained building features five recently renovated residential units—one spacious two-bedroom apartment and four well-designed one-bedroom apartments—along with a dedicated professional office space. Each apartment has been updated with modern finishes, refreshed kitchens and baths, and layouts that appeal to today’s renters. The office space offers excellent visibility and convenience for a small business or professional service, adding valuable commercial income to the property. Ideally located near major highways, shopping, dining, and public transportation, this property benefits from strong rental demand and easy access for both residents and commercial tenants. A perfect addition to any investor’s portfolio, this mixed-use building provides reliable income, flexibility, and newly upgraded living spaces in a desirable South Jersey location. Contact the listing agent for details.

Investment highlights

Five apartments (4 one-bedroom units, 1 two-bedroom unit)

One office

All units rehabbed in 2023.

Washer / Dryer in each apartment.

No pets allowed.

Current Green Card

1.5 months’ security deposit for each apartment.

The property is located very close to shopping, the NJ Turnpike, Rt 295, and bridges to Philadelphia.

Bus stop is steps away.

Tenants pay for electricity.

Listing Contacts

SB
NJ NJ 0447057
innovate Realty
Listed by innovate Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$79,000.00
$6,583.33/mo

Valuation Metrics

0
DSCR
7.02%
Cap Rate
7.02%
ROI

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Additional Information

Name
Susan Boehm
License
NJ 0447057
Brokerage
Innovate Realty
Brokerage Phone
8567229000
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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