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$80,000
402 Days On Site

7306 KERON DRIVE
MILLVILLE, NJ 08332

For Sale|Mobile Home|Active
2
Beds
1
Total Bath
1
Full Bath
588
SqFt
$136
/SqFt
1965
Built
Subdivision:
LAUREL LAKES
County:
CUMBERLAND
Listing courtesy of Compass New Jersey, LLC - Moorestown

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215-206-1980
7306 KERON DRIVE7306 KERON DRIVE7306 KERON DRIVE7306 KERON DRIVE
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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 **7306 Keron Dr*, offering a prime example of steady rental income. This cozy home has been leased by the same tenant for several years, ensuring minimal vacancy risk and dependable revenue. The home itself boasts an **open-concept living area**, 2 bedrooms, and a full bath, all nestled on a beautifully landscaped lot with mature trees and two off-street parking spaces. Kitchen and. living room have been updated in the last year. 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, and NJCB2021310.

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Listing Snapshot
Price 
$80,000
Days On Site 
402 Days
Bedrooms 
2
Inside Area (SqFt) 
588 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1965
MLS® Number 
NJCB2021294
Status 
Active
Property Tax 
$831
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
a year agoStatus changed to Active
a year agoListing first seen on site
General Features
Levels 
One
Parking 
Driveway
Parking Spaces 
4
Property Sub Type 
Mobile Home
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Above 
588
SqFt Total 
588
Style 
Modular/Pre-Fabricated
Water Source 
Well
Zoning 
VR1
Interior Features
Appliances 
Electric Water Heater
Flooring 
CarpetVinyl
Heating 
ElectricNatural GasForced Air
Main Level Bedrooms 
2
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Exterior Features
Construction Details 
Frame
Pool Features 
None
Roof 
Flat
Community Features
MLS Area 
Commercial Twp (20602)
School District 
MILLVILLE AREA
Schools
School District
MILLVILLE AREA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Compass New Jersey, LLC - Moorestown



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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