Mi Place at West Rancocas
Located in highly desirable Mount Holly, this 340 unit, split in a 232 current and 108 proposed unit apartment property is near downtown. The building's pet friendly rules and in-unit laundry add to its appeal. The one, two and three bedroom apartments are well maintained with a mix of open space and tiled bathrooms.
Mount Holly offers a wide range of attractions including its walkable downtown which includes a vibrant mix of restaurants, shops, and historic sites. Mount Holly also contains a park system with many activities . Within a 10 minute drive are Virtua Willingboro Hospital and Rancocas State Park.
Montclair Prime Portfolio
This prime portfolio located in the prized Transit Village of Montclair NJ, includes 56 total apartments situated within 2 prime properties of 27 and 29 apartment units and 1 commercial unit. Located in a prized Transit Village at the foot of the First Watchung Mountain, these highly desirable buildings with all-brick construction are within a short walk to both the Walnut & Bay Street train stations. Their program mix includes a range of well-maintained studio, one-bedroom and two bedroom apartments with hardwood flooring and tiled bathrooms.
Montclair offers the amenities sought by today’s most discerning renters including rail service to Manhattan, a walkable downtown with a vibrant mix of restaurants and shops, and close proximity to employment. Montclair also contains an expansive park system and is within a short drive to Bloomfield College, Mountainside Medical Center and Clara Maass Medical Center.
The Halsted
Located in the City of East Orange near the municipal borders of the City of Orange, this 26 unit apartment property is within walking distance of 2 train stations. The building's elegant construction, on-site parking and in-unit laundry add to its appeal. The one and two bedroom apartments are well maintained with a mix of hardwood flooring and tiled bathrooms.
The City of East Orange and nearby Newark offer a wide range of appeal including its access to several main roads including Garden State Parkway, I-78 and route 280. The area also has a variety of recreational parks including Monte Irvin Orange Park and Rowley Park are a short walk from the properties. Similarly within a short drive or walk are a wide range of commercial appeal consisting of Retail, Fast-food, Restaurants and Bars.
Navesink Cove
LOCATED AT 96 EAST AVENUE IN THE ATLANTIC HIGHLANDS, Navesink Cove contains eight garden style buildings across 6 acres. Originally constructed in 1969 and later converted to condominiums, Navesink Cove has 104 condominium units in one, two & three bedroom residences. This offering is a portfolio of 29 condominium units which are currently rented. Amenities include on-site laundry facilities, an inground pool with surrounding sundeck, and landscaped courtyards. Units contain hardwood floors, dishwashers, and private balconies or patios. Atlantic Highlands offers a wide range of attractions including its walkable downtown business district, waterfront location on Sandy Hook Bay and close proximity to beaches which are only 3 miles from the property. Major attractions within a short drive include Downtown Red Bank, Pier Village in Long Branch and the PNC Bank Arts Center.
Riverside Garden Apartments
Located near the highly desirable downtown Cranford, this 46 unit apartment property is within a short distance of Cranford train station. The building's all-brick construction, surface/garage parking and on-site laundry add to its appeal. The one and two bedroom apartments are well maintained with a mix of hardwood flooring and tiled bathrooms.
Cranford offers a wide range of attractions including its walkable downtown which includes a vibrant mix of restaurants, shops, and the Cranford Train Station. Cranford also contains multiple parks full of entertainment for children as well as adults. Within a 10 minute drive are Union County College, RWJ University Hospital Rahway and Overlook Medical Center - Union Campus.
Old Bridge Portfolio
Old Bridge Town Center - 3996 County Rd, Old Bridge, NJ
Located in desirable Old Bridge Township, this mixed-use property includes 27 apartments and 7 commercial spaces within a short drive of retail, public schools, and the Aberdeen-Matawan train station. The building's large unit sizes, on-site retail, and juliette balconies add to it's appeal. The apartments are well maintained with a mix of hardwood flooring and tiled bathrooms, with in-unit washer and dryers.
Geick Park Residency - 4143 County Rd, Old Bridge, NJ
Located less than a mile from Old Bridge Town Center, this newly built 33-unit age-restricted multifamily property is situated on 2.8 acres. The property is within very short driving distance of retail and the Aberdeen-Matawan train station. The property's large unit sizes, swimming pool, fitness center, and balconies add to it's appeal. The apartments are brand new with a mix of vinyl plank flooring and tiled bathrooms, and in-unit washer and dryers. Its unit mix include 1 Studio, 16 One-Bedrooms and 16 Two-Bedroom Units.
Old Bridge offers a wide range of attractions including its Town Center which includes a vibrant mix of restaurants, shops, and the Aberdeen-Matawan Train Station less than 10 minutes away. The property is highly accessible with a short 3 minute drive from US-9 as well as a 10 minute drive from Route-18. Within a 30 minute drive is Middlesex Community College, Monmouth University, JFK Medical Center in Perth Amboy, Raritan Bay Medical Center in Old Bridge, and Riverview Medical Center in Red Bank add to it's appeal.
Kirby Village
Located at 50 Kirby Avenue in Somerville, the property is currently improved with a 159,000 Ft2 industrial facility with associated loading docks and surface parking. The property is approved for 174 market rate multifamily rental units within 15 separate buildings across the sites 11.2 acres. Currently, the approvals call for a mixture of one & two bedroom apartments with a residents clubhouse with amenities such as swimming pool, sundeck, dog park, and tot lot.
Somerville offers a wide range of attractions including its walkable downtown business district which includes a vibrant mix of restaurants, the Somerville Train Station, Robert Wood Johnson University Hospital, and the Somerset County Courthouse. Major attractions within a short drive include TD Bank Park which plays host to the Somerset Patriots, a minor league baseball team of the New York Yankees and Duke Farms with over 1,000 acres of nature preserve.
42 Park
|
Located in highly desirable downtown Bloomfield, this 22 unit apartment property is within walking distance of 2 train stations. The building's all-brick construction, storage units and on-site laundry add to its appeal. The one and two bedroom apartments are well maintained with a mix of hardwood flooring and tiled bathrooms. Bloomfield offers a wide range of attractions including its walkable downtown which includes a vibrant mix of restaurants, shops, and the Bloomfield Train Station. Bloomfield also contains a large park system with some of the largest parks in the county. Within a 10 minute drive are Bloomfield College, Mountainside Medical Center and Clara Maass Medical Center. |
Milton Apartments
• Acquire 27 units in Rahway, NJ consisting of a rooming house with 17 studios w/ bathrooms and 10 one bedroom apartments
• Owner currently operates rooming house as regular apartment building with annual leases
• Value Add - the average rents for the 1BR is $1,080 and the Studios are $742. Collectively the average rents are over $250 below market levels, allowing an investor to renovate and raise rents to add significant value to the property
• None of the units have been renovated and only 2 of the studios have kitchens.