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Maya Felsenstein

maya@mayafelsensteingroup.com +1(561) 797-7899

Listed by Jennifer Rothenberger • Compass New Jersey, LLC - Moorestown

$ 90,000

Est. payment -/mo

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Active

504 DANDELION RD Millville, NJ 08332

2 Beds

1 Bath

612 SqFt

UPDATED:

Key Details

Property Type Manufactured Home

Sub Type Manufactured

Listing Status Active

Purchase Type For Sale

Square Footage 612 sqft

Price per Sqft $147

Subdivision Laurel Lakes

MLS Listing ID NJCB2021260

Style Modular/Pre-Fabricated

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 612

Year Built 1980

Annual Tax Amount $801

Tax Year 2024

Lot Size 8,002 Sqft

Acres 0.18

Lot Dimensions 80.00 x 100.00

Property Sub-Type Manufactured

Source BRIGHT

Property Description

**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties in Laurel Lakes**

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 **504 Dandelion**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for several years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, bonus living area, 2 spacious bedrooms, and a full bath, all nestled on a generous lot with mature trees and four off-street parking spaces. Tenant currently in an active lease until May 2026. Owner occupancy would not be an option until after that time. Cash Only, As-Is Purchase.

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.

Location

State NJ

County Cumberland

Area Commercial Twp (20602)

Zoning VR2

Rooms

Main Level Bedrooms 2

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Fireplace N

Heat Source Oil

Laundry Has Laundry

Exterior

Garage Spaces 4.0

Fence Fully, Privacy

View Y/N N

Water Access N

Roof Type Flat

Accessibility None

Total Parking Spaces 4

Garage N

Private Pool N

Building

Story 1

Foundation None

Above Ground Finished SqFt 612

Sewer On Site Septic

Water Well

Architectural Style Modular/Pre-Fabricated

Level or Stories 1

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Commercial Township Public Schools

Others

Pets Allowed N

Senior Community No

Tax ID 02-00097-09005

Ownership Fee Simple

SqFt Source 612

Acceptable Financing Cash

Horse Property N

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Maya Felsenstein

Agent | License ID: 1968412

+1(561) 797-7899 | maya@mayafelsensteingroup.com

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Maya Felsenstein

504 DANDELION RD Millville, NJ 08332

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504 DANDELION RD