Retreat @ 385 918 Woodview Ct Immeuble residentiel 38 lots 14 710 100 € (387 108 €/Lot) Taux de capitalisation 5,61 % Williamstown, NJ 08094

Marcus & Millichap is pleased to present The Retreat @ 385, a 38-unit townhome community located in Monroe (Williamstown), New Jersey. The eight-and-a-half-acre
property encompasses seven buildings with two of the buildings containing four units and the other five buildings containing six units. The investment provides an
investor the opportunity to acquire a newer construction, well-maintained property in a strong rental location, just five minutes from Williamstown Middle & High
School, ten minutes from shopping and dining in downtown Monroe, and fifteen minutes from Rowan University in Glassboro (~2,000 Faculty & Staff). With an average
household income of $139,475 in an immediate two-mile radius of the property, as well as being located approximately fifteen minutes from Thomas Jefferson University
Hospital in Washington Township (~4,000 Employees), the property is well positioned for long-term stability and rental growth.
Built in 2023, the 38-unit townhome community is fully comprised of three-bedroom, two-and-a-half bathroom units, measuring approximately 1,500 square feet, each
with an attached one-car garage, one-car driveway, and patio. Each unit is finished with vinyl plank floors, quartz countertops, stainless steel appliances, modern white
cabinetry, and refreshing seaside tile backsplash. Some notable in-unit amenities include a full-size washer and dryer, smart home technology, spacious walk-in closets,
tankless water heaters, and master suites with en suite bathroom and double vanity.
Residents enjoy easy access to Route 322, the Black Horse Pike, and the Atlantic City Expressway, all within five miles from the property and the nearest NJ Transit stop is
located just three miles from the property. Residents can reach Center City Philadelphia in approximately thirty minutes and the Jersey Shore in approximately forty-five
minutes. The asset offers an investor value in an area experiencing a steady influx of growing families, empty nesters, and a rapidly-growing economy. The Retreat @
385 offers an investor the unique opportunity to acquire a newer construction asset with a desirable unit mix in an affluent submarket with long-term stability and
growth.