The Reserve at Grace (Land Development) | Somerdale, NJ

Sands Investment Group is Pleased to Present Exclusively for 72 Ready-to-Build and Approved Units at The Reserve at Grace Land Development, in Somerdale, NJ. This Opportunity is the 2nd Phase of a Newly Constructed 38 Unit Apartments, Which Consists of Two (2), Four-Story Buildings Consisting of 36 Units Each. Fully Prepared Lots, Complete With All Site Work, Plans and Impact Fees Covered, Making This an Excellent Opportunity.

  • 2 Separate Ready-to-Build Land Parcels Equaling 2.50 Acres
  • Phase One (1) Completed in 2023
  • An Additional 72 Fully Prepared Lots, Complete With All Site Work
  • Plans and Impact Fees Covered
  • Additional 72 Units Are Open Market With No Deed Restrictions, Allowing For Maximum Rent Capture
  • The Lot Has Both Uncovered and Covered Parking Spaces Available

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

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The Reserve at Grace

The Reserve at Grace | Somerdale, NJ

Sands Investment Group is Pleased to Present Exclusively For Sale The Reserve at Grace Newly Constructed Apartments Located at 99 N White Horse Pike in Somerdale,NJ. This Deal Includes an Opportunity With an Additional 72 Fully Prepared Lots, Complete With All Site Work, Plans and Impact Fees Covered, Making This an Excellent Investment.

  • Thirty-Eight (38) Newly Constructed Apartments With a Management Office Located On-Site
  • Phase One (1) Completed in 2023
  • An Additional 72 Fully Prepared Lots, Complete With All Site Work, Plans and Impact Fees Covered
  • Additional 72 Units are Open Market With No Deed Restrictions
  • 3 Separate Land Parcels Equaling 3.89 Acres
  • All Units Consist of Stainless Steel Appliances, White Quartz Countertops, Washer and Dryer In-Unit, Oversized Bathrooms With Full Size Tub And Shower; All Units Are Keyless Entry
  • The Community Has On-Site Dry Clean Pick Up and a Restaurant
  • The Current Unit Breakdown is Eight (8) Studios, Twenty (20) One (1) Bedroom, Ten (10) Two (2) Bedrooms and Twenty-Four (24) On-Site Storage Units
  • Thirty-Eight (38) Units are 55+ Adult Living Community
  • The Lot Has Both Uncovered and Covered Parking Spaces Available

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities