Antlantic City NJ Multi

[Anthony Jentsch]

Hi BP I'm looking at buying my first multi. Owned a few sfh rentals over the years and really looking to purchase larger multis. Looking mostly in South Jersey area. Ive Evaluated a few properties recently and made one offer. I was keeping my search to Camden, Burlington, and Gloucester Counties only because I'm from Burlington County and more familiar with those counties, but I am consistently seeing properties that fit my criteria in Atlantic City. I'm not familiar with the area other than there are pockets of not so desirable sections. I'm looking at specifically multi family properties for cash flow. Anyone familiar with AC and Multis specifically during these times. I can only assume times are a bit tough for some as the casino workers are not all back to work but, would love to hear someone on the ground there's thoughts.

Thanks

Anthony

[Georgeanna Tracey Newmones]

Hi Anthony, glad to hear you are considering the AC market. It's primed for rental investment as there are many opportunities. While there may be areas you would not be comfortable living in, there are plenty of areas that are doing great (Bungalow Park, Venice Park, Chelsea, Chelsea Heights, University district, etc.). The city is very diverse and offers many multi-family properties with all types of ROI. I'm a "full time" Atlantic City agent with over 25 yrs experience (born and raised in AC) and can assist you in locating a property that fits your criteria.