Fully occupied 24 Unit, 4 story brick apartment building on beach block. Same grid as the beach, boardwalk, public transportation and next street from Resorts Casino. Walking distance to Hard Rock, and Ocean Resort Casino. Some of the recent repairs done on the building include a high efficient boiler, roof, stucco, steel gates, security cameras, windows, and plumbing. A planned 100 MILLION Dollar water park is approved at Showboat. This will create more jobs and increase undervalued rents resulting in an increased cap rate on this building. Atlantic City property values are on the rise. Buy now before prices go higher.
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