307 Atlantic Ave, Atlantic City, NJ 08401

26% Projected Cap-Rate as an AirBnB - Investor ALERT - EVERYTHING IS NEW IN THIS BLDG!!!! Fully renovated 12 unit apt bldg, NO EXPENSE SPARED!! Features six 1bdrms and six 2bdrm newly renovated apts. Without a doubt the nicest multi unit bldg for sale in the city. The past several years have been spent gutting it to the bare bricks before starting the renovations. Survey, elevation cert, floor plans, pro-forma, etc are all available to qualified buyers only. The location is in ideal walking distance to Beach and Boardwalk, Hard Rock & Ocean Resort Casino, The Showboat, Absecon Lighthouse, Historic Gardner's Basin, Atlantic City Aquarium, & the Inlet. Parking is available on the street or out back in the new parking area behind building. All public transportation is available out front of the building. Everything is new on this building, it has new roof, new windows, new front facade, new PVC fence, new sidewalks, new fire escape, 3/4 CDX sub floor, sheetrock, mold resistant drywall, framing, insulation, smart vents, flooring, tile, kitchens, bath, appliances, water heaters, fire monitoring system, Comcast Main & Verizon Terminal, tubs, sinks, garbage disposal, gas lines, water lines, sewer lines, drain lines, plumbing, electric (13 Meters, 100amp each apt), and utilities. EVERYTHING ALL NEW!! Collect rents with no ongoing repairs, low taxes & low flood ins. Perfect for 1031 tax exchange AirBnB, VRBO, short term or annual rental investment property.