US EditionJLL tapped to sell 98-unit apartment building near Asbury Park oceanfront – Real Estate NJ
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JLL tapped to sell 98-unit apartment building near Asbury Park oceanfront – Real Estate NJ
200 Deal Lake Drive in Asbury Park — Courtesy: JLL By Joshua Burd The owner of a 98-unit apartment building near the famed Asbury Park boardwalk is seeking a buyer for the property, according to a listing team with JLL. Brokers involved in the deal say the eight-story property, 200 Deal Lake Drive, is 97 percent leased but has in-place rents that are roughly 20 percent below market. That provides would-be investors “with significant upside throu…
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