deal image
1329 Pacific AveAtlantic City, NJ 08401
Carlton Apartments - 82 Units
Asset ClassMultifamily
# Units82
Year Built: 1927# Stories: 10# Units: 82Access Data Room
82 UNITS + 2 RETAIL ATLANTIC CITY, NEW JERSEY
overview of deal

Overview

The Carlton Apartments, located in the vibrant city of Atlantic City, NJ, offer a premier residential experience boasting 82 units comprising studios, 1-bedroom, and 2-bedroom configurations. Nestled in a prime location, the Carlton Apartments cater to diverse lifestyles, providing contemporary living spaces designed for comfort and convenience. Located just steps from Atlantic City Boardwalk, this 82 unit apartment property is within walking distance to many attractions in Atlantic City.

 

Atlantic City is known for its casinos and hotels, and many of the city’s biggest and best are located downtown. Along with being surrounded by entertainment, Downtown Atlantic City offers great shopping options like the Tanger Outlets. Atlantic City boardwalk, which is filled with video arcades, gift shops, and more. Steer Pier, a classic amusement park with rollercoasters and funnel cakes.

Access the Data Room

Investment Highlights

  • $375+ Rent Upside
  • International Owner For Over 40 Years
  • Across the Street From Beach
  • Close Proximity to Casinos
  • 15 Minute Walk To Train

UNIT MIX

# of Units
Current Rent
Market Rent
Studio
30
$791
$1,100
1 Bedroom
40
$945
$1,300
2 Bedroom
12
$1,229
$1,500
Retail
2
$2,450
$2,450
Totals
84
$915,240
$1,236,000
deal gallery image
deal gallery image
deal gallery image
1329 Pacific AveAtlantic City, NJ 08401
deal image

Inquire

Listing provided by Revere CRE