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Jennifer Rothenberger

7601 Magnolia Dr

$125,000 7601 Magnolia Dr, Millville, NJ 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 **7601 Magnolia Dr**, offering a prime example of steady rental income. This charming home has been purposely left vacant to offer buyers the opportunity to tour a sample unit. The home itself boasts an **open-concept living area**, 2 spacious bedrooms, and two full baths, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces.

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. Don'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.
  • For Sale
    Status
  • 2
    Bedrooms
  • 2
    Bathrooms
  • 1980
    Year Built
  • 924 Sq.Ft.
    Living Area
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I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 7601 Magnolia Dr, Millville, NJ 08332. We are reviewing your request and will be in touch shortly!

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 924 Sq.Ft.
  • Lot Size: 0.32 Acres
  • MLS® ID: NJCB2021310
  • Type: Manufactured-Mobile
  • Year Built: 1980
  • Architecture Styles: Modular/Pre-Fabricated
  • School District: MILLVILLE AREA

Interior

  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Laundry Room: Main Level
  • Appliances: Electric Water Heater
  • Other Interior Features: Pantry

Exterior & Building

  • Stories: 1
  • Water Source: Well, Private
  • Heat Type: Forced Air, Electric, Natural Gas
  • Sewer: Septic Tank

Financial

  • Sales Price: $125,000
  • Real Estate Tax: $1,061/yr

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7601 Magnolia Dr

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Jennifer is an expert in this local area, she brings a wealth of knowledge about buying and selling real estate here.
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