100 % occupied, 12-unit commercial apartment building located in a quiet residential section of Woodbury, NJ. The property consists of eight (8) one-bedroom units and four (4) two-bedroom units, offering a desirable unit mix for long-term rental demand.
Seven (7) units feature guaranteed rental income through HUD, providing stable and predictable cash flow. The remaining units are occupied by long-term tenants, further enhancing income reliability and reducing turnover risk.
The seller is open to continuing property management for a fee, offering a seamless transition for an out-of-area or hands-off investor.
This property presents an excellent opportunity for investors seeking steady income, government-backed rent, and minimal operational disruption in an established residential area.
Highlights:
12 total units (8 one-bedroom / 4 two-bedroom)
Quiet residential location in Woodbury, NJ
7 HUD-subsidized units with guaranteed rent
Long-term tenant base
Seller-offered property management available
Strong candidate for buy-and-hold investors