Rental Apartments Value Add Adaptive Reuse

5361

Property ID

85,000 SqFt

Size

Description

Proposed Adaptive Reuse-New Jersey

Tapestry Apartments is a proposed adaptive reuse of an existing hotel to senior and multifamily housing.  The company has extensive experience in renovation and construction. All investments represent project ownership with a proportionate share of cash flow and tax benefits.  Significant increased value and cash flow are projected at stabilization. The primary competitive market has averaged occupancy exceeding 95% since 2001.  Investments range from $500,000-$4,000,000.  Tapestry Companies, LLC  www.TapestryCompanies.com

Jack Brandt

jbrandt@tapestrycompanies.com

Address

Address: 109 East 9th Avenue, Runnemede, NJ, USA
  • Province / State: New Jersey
  • City / Town: Runnemede
  • Postal code / ZIP: 08078
Get Directions - Open on Google Maps
  • Property ID 5361
  • Price Price on call
  • Property Type Multifamily
  • Property status For Sale
  • Year Built 1977
  • Size 85,000 SqFt
  • Land area 4.50.5 Acres
  • Label Under Contract
  • Sellers Motivation Investment
  • Number of Units 147

Map View

Contact

Jack Brandt

Property Seller
jbrandt@tapestrycompanies.com
Other Properties