Email
gail@gcoughlin.com

MLS# - 1375629

THE ANDERSON

APARTMENT-CONDOS

1166 ASBURY ROAD

10 SPACIOUS TOWNHOME UNITS

19,840 Reported Square Feet on .815 Acres

· 

· $87,000 + Gross Income

· Possible 30% Return on Cash if converted

· Solid Tenant Base

· 8% Cap Rate

· $61,390 NOI

· EBP per unit $170.00

· 1100 SF Townhome Style

· 2+BR with Family Rm & Basement

· Volume Spaces

· Management Office Site

· Anderson Schools

· Adjacent to Eruopean Health Spa Site

· Separate Utilities

· Improved 1961 Construction

· Central Air

· Professionally Managed

· Up to $850 per month rental income

· 100% Occupancy

Quoting: $650,000

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