Investment Overview
The property is a new, modern, five-story apartment building consisting of 24 units with luxury finishes and on-site garage parking with 19 spaces. It is conveniently located with easy access to New York City.
Investment Highlights
- Excellent opportunity to acquire a new modern luxury building in one of the New York tri-state area’s most robust rental markets
- High occupancy in a historically strong market.
- Numerous demand drivers in the immediate vicinity include many of Jersey City’s and New York City’s professional, educational, cultural, religious and entertainment destinations.
- Long-term rent growth potential