Campus Terrace 16 Campus Ter Immeuble residentiel 85 lots À vendre Taux de capitalisation 7,35 % Glassboro, NJ 08028

Berkadia is pleased to present, as exclusive advisor, Glassboro Terrace (“the Property”), an 86-unit, garden style, multifamily community located in Glassboro, NJ. Glassboro Terrace offers a new owner the opportunity to capitalize on stabilizing the operating income, proven across 51% of the rent roll since acquisition in July 2024. Average rents on leases signed since September 2024 are up $189, or 13.3% without needing interior renovations. Additionally, utility reimbursements commenced in March 2025 and are implemented on nearly all units, without sacrificing rents. There are immediate ways to create value: 1) Organic mark to market opportunity and 2) Interior renovations for further rent growth. There is opportunity to create $3.5MM in value without spending a dollar, by executing on #1 & #2. Long term stability is afforded by proximity to Rowan University, Inspira Health, and Jefferson Washington Township Hospital. Additionally, the Property is located +/- 30 minutes from Philadelphia serving the local commuter resident base. Regional access is provided via Routes 55, 322, 47, and 42. Glassboro Terrace offers an attractive value-add play without the need for a significant capital infusion.