101 S Plaza Pl, Atlantic City, NJ 08401

Property Status: Available (Wholesale) |  For Sale: $934,400.00

1 Bedrooms / 1 Baths / Multiple Family


Property Photos
101 S Plaza Pl (Image - 1)


Landlord/Buy & Hold Special! CASH FLOWING 7 Condo Bundle Package in Atlantic City


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $934,400.00
Property Details:
1 Bedrooms / 1 Baths / Multiple Family
Property Style:
Condo
Finished Sq Ft:
950
Basement:
No Basement
Owner / Agent:
Wholesale
Property Features:
Central Air
Patio
Jacuzzi
Pool
Security System
Contact Info
Sunset Property Group
(609) 381-0720

View on Individual's Website
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



Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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