985k for 10% on a performing portfolio of 15 Turnkey Units - TRENTON - NJ
Trenton is a Great Market, and this portfolio would be a GREAT addition to ANY residential portfolio. Call for details (Or ask here). Steve 267-580-9017
What's going on in Trenton?
LOCATION & TRANSPORTATION: Trenton is phenomenally located, positioned right between Philadelphia and New York. Head down to the recently renovated train station and you are in either city in about 1 hour. That's not the only transportation choice as the River Line is another great way to get around.
DEMAND FOR HOUSING: Trenton being the capital of NJ has a great majority of state jobs. Trenton also borders Pennsylvania. In 2011 a law was passed that all state workers are required to live in NJ effectively cutting off any chance for those people to seek housing across the bridge in PA. The city of Trenton partnered with the NJ Housing and Mortgage Finance Agency and instituted a Live Where you Work Program so that people who work in Trenton can obtain Low-Interest Mortgages to purchase a house in Trenton.
INVESTMENT IN THE CITY: In recent years Trenton has seen a lot of investment in the city. The train station has been rehabilitated, the Roebling Market, New Court House, Thomas Edison State College Expansions and New Residential construction throughout the city.
Why Be a Landlord in Trenton, NJ?
1) Phenomenal return on investment.
2) Housing prices are still very low.
3) Streamlined and fair eviction process.
4) A strong rental market with high rents.
Act now to take advantage of one of real estate's best kept secrets before it's too late.
The Trenton real estate market is on FIRE! With the average purchase price very low and the average rent payments very high; Trenton NJ is the number one buy and hold market in the country today. Where else can you purchase a property and fix it up for a total of $65,000 and rent it out to a tenant paying $1,200 a month or in this case a two family with a tenants paying a total of $1,600?
This is why many of our out-of-state investors are flocking to this city and taking advantage of the phenomenal returns. We are providing our investors with CAP Rates upward of 10% on a consistent basis.
This is why you must act fast and take action now. Once the word gets out, it will only be a matter of time until the prices go up and these insane returns on investment begin to diminish.