122 apartment units across 7 properties ranging from 12 to 33 units in Jersey City, NJ. The portfolio is offered as a package or as individual assets.
In-place rents average approximately 36% below market across the portfolio, giving investors a compelling, actionable mark-to-market, value-add play.
Diverse unit mix of 16 studios, 41 one-bedrooms, 63 two-bedrooms and 2 three-bedrooms.
Most buildings have separate utilities and streamlined layouts for ease of management.
Jersey City’s vacancy (2.8%) and rent growth (+2.4% YoY) substantially outperform the national average, supported by strong population and job growth.
OVERVIEW
- 122 apartment units across 7 properties ranging from 12 to 33 units in Jersey City, NJ. The portfolio is offered as a package or as individual assets.