Description
Great investment opportunity in Long Branch's downtown redevelopment zone. 300 new apartments are being built directly across the street by the Kushner Companies (owners of Pier Village). Great investment opportunity in high growth Long Branch. Only 2 blocks to the beach. Close to Broadway for shopping and dining. Easy access from rt 36, rt35, rt 18 and Garden State Parkway exit 105. Close to Monmouth Medical Center and Monmouth University for potential seasonal rental options. Cap rate 7.2%
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Description
Great investment opportunity in Long Branch's downtown redevelopment zone. 300 new apartments are being built directly across the street by the Kushner Companies (owners of Pier Village). Great investment opportunity in high growth Long Branch. Only 2 blocks to the beach. Close to Broadway for shopping and dining. Easy access from rt 36, rt35, rt 18 and Garden State Parkway exit 105. Close to Monmouth Medical Center and Monmouth University for potential seasonal rental options. Cap rate 7.2%
© 2023 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or United Real Estate North Jersey. Data last updated 2023-09-28T12:24:34.523.
Listing information © 2023 Monmouth-Ocean MLS. Listing provided courtesy of Chris Katz of Douglas Elliman Of Nj Llc: 732-387-3807.