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KingsGate Realty LLC
Main Office:
856-931-1200
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KingsGate Realty LLC
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Main Office:
856-931-1200
noofficeemail@
noofficeemail.com
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FOR SALE
$115,000

7150 SAMUEL Drive
Millville, NJ 08332

Manufactured/Mobile Home
Residential
2
Beds
2
Baths
932
Sq. Ft.
N/A
Acre Lot
Courtesy: Compass New Jersey, LLC - Moorestown, (856) 214-2639
brightmlshomes.com> New Jersey> Millville> 08332
**Investor Opportunity: Income-Generating Portfolio of 20 Rental Properties for $2,000,000** 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 **7150 Samuel De**, offering a prime example of steady rental income. This charming home has been leased by the same tenant for the last year, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, with a primary bedroom featuring an attached bath and walk in closet, the second bedroom is on the other end of the home close to the second full bath, all nestled on a beautifully landscaped lot with mature trees and two to three off-street parking spaces. Fully renovated in 2023 with new flooring, some windows, kitchen and baths. 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. Donâ??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.
NJCB2021290
Manufactured/Mobile Home, 1 Story
2
COMMERCIAL TWP
CUMBERLAND
2 Full
1970
Electric Water Heater, Well
1
Frame
Septic
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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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Courtesy: Compass New Jersey, LLC - Moorestown, (856) 214-2639
This content last refreshed on 6/22/2025 8:46 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.