Apartments

752 HAMILTON STREET

Property Type

Apartment

Location

Somerset, NJ 08873

Year Built

Under Construction

Total Units

128

Offering Summary

Purchase Price

$ 35 Million

Min Investment

25,000

Target IRR

30 %

ROI

500% (8-10 years)

Cash Flow

10 %

Over View .

The combination of unit diversity, optimal unit count, and strategic location positions 752 Hamilton Street as a potentially stable investment. The property’s ability to meet the housing needs of different demographics contributes to a reliable and consistent rental income stream for investors.

Community Amenities .

Gallery .

Education Hub

Somerset is home to reputable educational institutions, making it a sought-after area for students and faculty. Investing in 752 Hamilton Street can tap into the demand for rental properties from the academic community, providing a steady and reliable tenant base.

Prime Location

752 Hamilton Street is situated in Somerset, NJ, a prime location known for its proximity to key amenities, educational institutions, and employment hubs. This strategic location enhances the property's attractiveness to potential tenants and contributes to long-term property value appreciation.

Investor-Friendly Market:

Somerset, NJ, provides a favorable environment for real estate investors, with potential tax incentives and a stable housing market. Investing in 752 Hamilton Street aligns with the investor-friendly nature of the region, offering the potential for both short-term returns and long-term value appreciation.

Infrastructure Development

The area around 752 Hamilton Street has witnessed infrastructure development, including improved transportation networks and community facilities. Such developments contribute to the overall desirability of the location and can positively impact the property's value over time.

Growing Job Market

Somerset has experienced growth in its job market, attracting professionals from various industries. The property's location offers convenient access to employment centers, making it an appealing option for working individuals or families, thereby ensuring a steady demand for rental units.

Diverse Amenities

The Proposed property itself boasts a range of amenities designed to meet the modern lifestyle needs of tenants. These may include fitness centers, communal spaces, and other attractive features that enhance the overall living experience, making it a compelling choice for prospective renters.