Allaire Apartment Homes
2538 Belmar Blvd, Wall Township, NJ
For Sale
Multifamily
Garden Low Rise
Market Price
Price
20,990 sqft
Building Size
1.03 acres
Lot Area
Overview
Building Size
20,990 sqft
Lot Area
1.03 acres
Units
27
Year Built
1992
Description
27 units 55+ age restricted apartment complex for sale
Located on Belmar Boulevard at its intersection with New Bedford Road. Easily accessible from Routes 18, 34, 35, 138 and the Garden State Parkway.
Highlights
- Impeccably maintained
- Limited turnover
- Tenants pay all separately metered utilities
- On-site parking
- Elevator
- On-site laundry
- Individual storage units
- ±30% upside in rents
- Comes with a $270,000 escrow account for major capital improvements from Wall Twp.