Property Description:
8 CONDO PACKAGE – 101 S Plaza Place Atlantic City NJ 08401
Total Value (After Repair Value of Condo - $162,098 x 7) = $1,134,686
Asking Price: $934,400
All properties have reliable tenants!
Cash Flow –
$2,850.71/Month
$34,208.52/Year
This condo package will not last because it is a tremendous deal. Spacious & sunny condos with open living space, balcony and expansive views. We have 6 1Bd/1Bths & 1 Studio/1bth. These lovely beach condos are located in a fabulous luxury building on the Boardwalk 2 blocks from Ventnor in Atlantic City. Condo building has access to fitness room, boardwalk front pool, hot tub & professional on site management with 24 hour security. Close to casinos, restaurants, shopping – perfect location for strolls on boardwalk and making memories on the beach.
Comparable Properties Sold in last year close to property –
101 S Plaza Place Apt 1506 Atlantic City NJ 08401 - $186,000 (929 Sq Ft) 200.22
101 S Plaza Place Apt 1407 Atlantic City NJ 08401 - $164,000 (929 Sq Ft) 176.53
101 S Plaza Place Apt 1011 Atlantic City NJ 08401 - $180,000 (1364 Sq Ft) 131.96
101 S Plaza Place Apt 1206 Atlantic City NJ 08401 - $161,500 (929 Sq Ft) 173.84
Average Sq Ft - $170.63
1bd 1 bth Units – (950 sq ft)*($170.63 per sq ft) =
After Repair Value: $162,098.50
Contact:
Gavin Guglielmi
6093810720
Owner – Sunset Property Group