Northwest NJ
Acquired: 2019
Buildings: 3
Units: 6
Aggregate Acquisition Cost: $0.6m
Strategy: Buy & Hold
Average Annual Return: 18%
Description: Entered Sussex County, NJ due to attractive cash flow opportunity for residential properties. Purchased three duplex homes across Newton, Ogdensburg, and Sussex townships. Catch-up maintenance performed on properties and maintaining high tenant occupancy.