Property Type
Apartment
Location
Somerset, NJ 08873
Year Built
Under Construction
Total Units
128
Apartments
752 HAMILTON STREET
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 .
- Gated Access
- Courtyards
- Storage
- Covered Parking
- Dog Wash Station
- Full Size Washer & Dryer
- Resort Style Pool
- Spruce Concierge On-Demand
- Gourmet Kitchen
- Catch and release Fishing Pond
- Connected Center with WiFi
- Planned Community Activities
- 24hr. Emergency maintenance
- Custom Outdoor Bar/Kitchen
- Fitness Center
- Garage
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.