Investment Highlights
- Value-add opportunity in high-growth Westville, the "New East Rock". Legacy owner – long-term ownership of 20 years.
- Extremely accretive, below-market existing Freddie Mac debt. Over $350,000 annually in combined loss-to-lease exclusive of unit renovation.
- Spacious and well-designed units. ±9,800 SF of space for amenities upgrades. Over $178 per unit, per month in organic upside between average in-place "as-is" rent and current attained market rent.
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