10 Allen Street 113, Toms River, NJ 08753
sale
$2,650,000
|
Office
Courtesy Of Crossroads Realty Inc-WH
1031 Exchange - Ideal Office Investment Property Excellent opportunity to acquire 5 office condos representing approximately 41% ownership of the building. This institutional-quality office investment offers a strong 6.5% cap rate with significant built-in upside and immediate cash flow. The property features NNN leases with high-credit national and regional tenants in home health services, mental health counseling, and insurance -- providing predictable, low-management income with minimal landlord responsibilities. A solid value-add opportunity with excellent potential for rent growth and appreciation. Ideal for 1031 exchange investors seeking stability and long-term upside.
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Property Features
- Age: 31-40 Years Old
- Cooling System: Central Air
- Floors: 4
- Heating System: Hot Water(Heating)
- Heating System: Forced Air
- MLSID: 22608063
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