
An exclusive mid-construction 24-unit multifamily syndication in Paterson, New Jersey, targeting strong rental income and refinance-driven equity return. Located in a rapidly revitalizing urban market with direct commuter access to NYC, the asset benefits from growing renter demand and affordability-driven migration. With $1.2M equity required, the project is projected to achieve $638K net income and a $11.6M stabilized value at a 5.5% cap rate, generating $8.13M in refinance proceeds and $1.68M projected net cash-out after debt repayment and closing costs.
