Twitter
Facebook
Email
|
Turn-Key 8-Unit Investment Opportunity in Westville. Exceptional opportunity to acquire a well-maintained, turn-key 8-unit multifamily property in a prime location in Westville. This attractive asset offers strong in-place cash flow with a current gross annual income of $132,394 and an impressive 8% cap rate, making it an ideal addition to any investor's portfolio. The property has been well cared for and presents beautifully, offering tenants a desirable living environment in a convenient location close to major highways, shopping, dining, and public transportation. With stable occupancy and solid existing income, this is a true plug-and-play investment. In addition to the strong current returns, the property offers significant value-add potential through future rent increases and operational efficiencies, including the opportunity to implement utility bill-backs such as water reimbursement to further enhance NOI and overall asset value. Whether you are a seasoned investor or looking to expand your multifamily portfolio, this is a rare chance to own a high-performing asset in a strong rental market with upside potential still remaining.
| DAYS ON MARKET | 0 | LAST UPDATED | 5/14/2026 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | Westville Boro (20821) |
| COUNTY | GLOUCESTER | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | GATEWAY REGIONAL SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, None |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Westville Boro (20821) |
| BASEMENT | Yes |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 8276 sq ft |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 20876 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Todd
Stonesifer to contact you even if your name is on a Federal or State
"Do not call List".
Listing provided by RE/MAX ONE Realty
All information provided is deemed reliable but is not guaranteed and should
be independently verified. No reproduction, distribution, or transmission of the
information at this site is permitted without the written permission from the MLS
Participant.
IDX information is provided exclusively for consumer’s personal,non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.