14 Ferdinand Street NJ LLC
14–16 Ferdinand Street Newark, NJ
A ‘ground-up’ construction of 62 affordable rental units located in the Fairmount neighborhood of the West Ward section of the City of Newark, NJ. The Sponsor has site control of several vacant lots sufficient to build an 83,700-square-foot building to be located within easy walking distance of the South Orange Avenue commercial corridor. Construction is scheduled to begin Spring of 2023.
Investment
Investment Type: Multi-family
Equity Investment Goal: $1,149,425
Fund Strategy: Opportunistic, with a 2 – 3 year investment horizon
Minimum Investment: $25,000