Acquired historical charming victorian apartment building within 3-blocks walking distance to midtown direct New York City train in transit-oriented historical downtown Dover, NJ
Leased-up vacant unit(s) within two-weeks post acquisition with minimal capital improvements (carpet & paint/minor deferred maintenance) at market rents
Achieved a levered 11% cash-on-cash return within the first year and a 40% levered IRR post disposition in month 16 of the investment period
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