Description
The Plaza Grande at Garden State Park is a multifamily investment opportunity located in Cherry Hill, NJ, a robust submarket within the Philadelphia metropolitan area. Spanning 33.82 acres, the property comprises 507 units with an average size of 1,106 square feet and average rents of $2,430, offering potential upside compared to market rents.
Constructed in phases between 2017 and 2025, this asset features modern finishes and amenities aligned with tenant demand. The property is currently 71% occupied, with 560,918 square feet available, presenting an opportunity to increase occupancy...
Documents
Offering Summary
- Asking PriceUnPriced
- Property TypeMultifamily
- Size1,473,199 SF
- Available560,918 SF
- Occupancy71%
- Built2017-2025
- Total Acres~33.82 ac
Sale Details
- NOI$7,782,060
Documents
Property Address
Property Details
- Property TypeMultifamily
- Total Units507
- Occupancy71%
- Unit Mix3BR... 3BR, 2BR, 1BR
- Average Unit Size1,106 SF
- Average Rent2,430 $/mo
- Year Built2017
- Acres33.82
Property Details
- Property TypeMultifamily
- Total Units507
- Occupancy71%
- Unit Mix3BR... 3BR, 2BR, 1BR
- Average Unit Size1,106 SF
- Average Rent2,430 $/mo
- Year Built2017
- Acres33.82




















































Deal Team

Description
The Plaza Grande at Garden State Park is a multifamily investment opportunity located in Cherry Hill, NJ, a robust submarket within the Philadelphia metropolitan area. Spanning 33.82 acres, the property comprises 507 units with an average size of 1,106 square feet and average rents of $2,430, offering potential upside compared to market rents.
Constructed in phases between 2017 and 2025, this asset features modern finishes and amenities aligned with tenant demand. The property is currently 71% occupied, with 560,918 square feet available, presenting an opportunity to increase occupancy...
Documents
Offering Summary
- Asking PriceUnPriced
- Property TypeMultifamily
- Size1,473,199 SF
- Available560,918 SF
- Occupancy71%
- Built2017-2025
- Total Acres~33.82 ac
Sale Details
- NOI$7,782,060
Documents
Property Address
Property Details
- Property TypeMultifamily
- Total Units507
- Occupancy71%
- Unit Mix3BR... 3BR, 2BR, 1BR
- Average Unit Size1,106 SF
- Average Rent2,430 $/mo
- Year Built2017
- Acres33.82
Property Details
- Property TypeMultifamily
- Total Units507
- Occupancy71%
- Unit Mix3BR... 3BR, 2BR, 1BR
- Average Unit Size1,106 SF
- Average Rent2,430 $/mo
- Year Built2017
- Acres33.82
Deal Team

