25-27 Linden Avenue

  • Location: Clinton Corridor, Irvington, NJ
  • Style: Two-Story Garden Apartment
  • Acquired: 1Q17
  • Stabilized/Light Value-Add
  • We acquired this asset, which was 90% occupied at time of acquisition, with deferred maintenance and rents that were significantly lower than market. We've corrected deferred maintenance issues, leased the building up, and continue to upgrade the building and units on roll-over, improving rents between 10-30% on each turn.