For Sale
For Sale
-
Year Built
1988
-
Overview
Colliers International, as the exclusive advisor to the Owner, is pleased to offer for sale, the historically 100% leased, Class A Harlen Court condominium units located at 3001 E Chestnut Avenue in Vineland, New Jersey. This attractive asset of 55 of the 104 units in the condominium association is easily the most superior rental property in Vineland and offers the opportunity to exit the investment in the future by retailing condominium units or maintaining the bloc of 55 units.
With an average 7.78 years of tenant occupancy, Harlén Court offers the opportunity to acquire a high quality apartment asset with excellent returns. This is due to the advantage of acquiring a strong apartment asset in a great location with a value-add component by increasing existing lease rents, continued unit maintenance and tenant retention.
Office Space Details
Colliers International, as the exclusive advisor to the Owner, is pleased to offer for sale, the historically 100% leased, Class A Harlen Court condominium units located at 3001 E Chestnut Avenue in Vineland, New Jersey. This attractive asset of 55 of the 104 units in the condominium association is easily the most superior rental property in Vineland and offers the opportunity to exit the investment in the future by retailing condominium units or maintaining the bloc of 55 units.
With an average 7.78 years of tenant occupancy, Harlén Court offers the opportunity to acquire a high quality apartment asset with excellent returns. This is due to the advantage of acquiring a strong apartment asset in a great location with a value-add component by increasing existing lease rents, continued unit maintenance and tenant retention.
- Property TypeOffice
- Year Built1988
- Sale Price$5,200,000
- Total Acres2.21
- Number of Floors3
- Property ID1901613