Small multi-family (2-4 units) other investment in Newark.
Complete redevelopment of a multi fam property. Multiple D variances, full demo, and new construction ground up.
What made you interested in investing in this type of deal?
Location first and unforeseen potential with a change of vision for the property.
How did you find this deal and how did you negotiate it?
How did you add value to the deal?
Changing use, size, height, added parking. Created one of the first luxury bldg in the area.
What was the outcome?
Beautiful property to portfolio for many years to come!
Congratulations on this investment @Joe Spag !
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