20 Morris Lake Rd, Sparta Twp., NJ 07871-3616

Prime Investment Opportunity: 20 Morris Lake Rd, Sparta, NJRare lakefront multifamily property featuring 7, 800 sq. ft. of living space and direct privatelake and beach access. Listed at $778, 000 (appraised as-is at $830, 000), with a certifiedpost-completion appraisal of $1, 315, 000. Configured for 3 spacious luxury units (each 3 bed/ 2 bath with open-concept layout and laundry), delivering projected rents of$3, 600″$4, 200/month per unit and over $35, 000 in net annual cash flow. Siding is 60%complete; requires HVAC, septic update, and interior finishes to complete. All supportingdocuments (survey, site plans, architectural/engineering drawings, tax assessments)available upon proof of funds. Cash or hard money buyers only.