Sparta Portfolio of properties for Sale - Sussex County
Welcome to the income-generating portfolio investment opportunity of a two-property multifamily and mixed-use offering.
101 Main Street, The Pointe, is a three-story, 11-unit apartment building with three commercial suites on the ground floor. The second- and third-story apartments feature a mix of nine one-bedroom, one-bath units, and two two-bedroom, one bath units. The Pointe prominently sits at the signalized intersection of Main Street and Glen Road.
107 Main Street, The Goddard School, is a private early childhood education building spanning more than 8,000 square feet on the adjacent parcel to The Pointe. 107 Main Street has direct frontage along Main Street before the intersection.
Both assets have Town Center Lower Main Street (TCLM) zoning, enabling commercial, mixed-use, office, or even moderate-income housing (four of 11 apartments at The Pointe). The portfolio is in a fantastic local location in the heart of Sparta, with proximity to public and private schools, local retail, restaurants, professional offices, and municipal services. It also offers excellent regional access via major roadways (Routes 15, 80, 287). Sparta incorporates all elements of a live-work-play destination within a close-knit community, located about 1.5 hours outside the bustling New York City metro area.
Inquire today to learn more about value-add investment opportunity with long-term stable cash flow, multiple tenants, and tremendous historical occupancy.
