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**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 recently been rented with the lease starting 9/1/2025 for one year. 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.
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Architectural Type - Modular/Pre-Fabricated
Flooring - Luxury Vinyl Plank
Fireplace(s) - Brick, Non-Functioning
Interior Features - Combination Dining/Living, Exposed Beams, Floor Plan - Open, Pantry, Laundry: Has Laundry, Main Floor, Hookup
Roofing - Flat
Exterior Features - Frame
Heating - Forced Air, Electric, Natural Gas
Hot Water - Electric
Sewer - On Site Septic
Water - Well
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