1048 Hilton Rd
Asset Issuer
Lofty AI
Asset Platform
Lofty AI
Asset Name
1048 Hilton Rd
Asset Class
Real Estate
Asset Type
Commercial Real Estate
Asset Abbreviation
1048-Hilton-Rd_Cinnaminson-NJ-08077
Asset Fraction Price
$ 51.29
Asset Fraction Yield
6.82%
Asset Fraction Maturity
N/A
Min. Investment Size
$ 51.29
Asset Fraction Sale End Date
Asset
Valuation
$ 259,800
Category
Description
Cinnaminson, New Jersey, offers a blend of suburban comfort and community charm, making it an appealing place to live. Its location provides easy access to Philadelphia, just 10 miles away, and major highways like Route 130 and I-295, making commuting convenient. The town boasts excellent schools, appealing to families seeking quality education. Residents enjoy a variety of recreational amenities, including parks, sports fields, and the Riverton Country Club for golf enthusiasts. Cinnaminson's small-town feel is complemented by a range of local businesses, restaurants, and shopping centers, ensuring convenience without sacrificing a sense of community. The township hosts events and activities year-round, fostering a close-knit environment. Safety and well-maintained neighborhoods add to its appeal. With a mix of affordability, accessibility, and family-friendly living, Cinnaminson balances modern conveniences with suburban tranquility, making it an ideal choice for those seeking a welcoming and vibrant place to call home.
Features
• 1.2 acres of vacant land in Burlington County, New Jersey
• Owned free-and-clear, with no debt
• Waterfront land, just 5 minutes by car or boat from Philadelphia
• Few vacant land parcels like this in the area
• Owner plans to sell the land in 3-5 years for appreciation
• Owner is an experienced real estate investor since 2012
• Owns nearly 200 acres across NJ, PA, and NY, with more parcels pending
• Appraised price per sqft is $4.99 (compared to $1.78 for similar land in 2020)
• Estimated 35.9% annual appreciation over 5 years
• Owner will pay 100% of maintenance and property taxes
• Rental Yield of 7% paid to investors
• Good "B+" rating for zip code on Niche