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New Deal Alert: 78 Unit Building in High Demand North Jersey Location

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New Deal Alert: 78 Unit Building in High Demand North Jersey Location

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## WHY WE LOVE THIS DEAL

## Prime location

This building borders the Hackensack University Medical Center which is consistently ranked as the #1 Hospital in NJ, and is adjacent to the Hackensack High School creating a highly desirable location for employees and families.

## Limited new construction and organic rent growth

With limited inventory, strong demographics, and consistent organic rent growth, the area is primed for sustained rent increases over time.

## Cash Flow From Day One

The project targets cash flow distributions to begin from the first quarter of ownership and continue through the life of the project. Cash flow targets vary between 5% to 10% annually.

## Rent vs. Own Gap Creates Demand Moat

The rent-to-own delta in this area makes renting the more attractive option, which reinforces strong tenant retention and supports long-term rental growth—especially in a volatile interest rate environment.

## Maximized returns

85% Loan to Cost allows efficient leverage, enhancing equity returns with minimal capital investment.

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Photo of NJ Real Estate Network by Peoples Capital Group group
NJ Real Estate Network by Peoples Capital Group
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