704-710 Mattison AveAsbury Park, NJ 07712

Property Details for 704-710 Mattison Ave

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 48-unit apartment building located at 704-710 Mattison Avenue in Asbury Park, New Jersey, 07712. Priced at $5,000,000, this multifamily property offers significant potential for investors. The building currently houses 48 studio apartments, all within a building that includes an attached historic theater. The property's location in Asbury Park, Monmouth County, provides access to a vibrant and growing community. This is a prime opportunity to acquire a substantial rental income stream in a desirable coastal location. Further enhancing the investment potential, an adjacent parcel of land is available for purchase for an additional $2,500,000. This land could be used to expand parking facilities or for additional development, significantly increasing the overall value and potential return on investment. The property is designated as an Opportunity Zone, offering potential tax advantages for qualified investors. A comprehensive offering package is available upon request, providing detailed financial projections and further information on this unique investment opportunity. The property's latitude and longitude coordinates are 40.2163733, -74.0121793 respectively. Don't miss this chance to acquire a substantial multifamily property with significant upside potential in a thriving New Jersey coastal town.

Location Insight

City

Asbury Park

County

Monmouth

State

New Jersey

Latitude

40.2164

Longitude

-74.0122

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].